NYSE:RNRInsurance
RenaissanceRe Chair Change And Renewed Buybacks Focus Attention On Capital Use
RenaissanceRe Holdings (NYSE:RNR) has appointed Henry Klehm III as Non-Executive Chair, succeeding the company’s long-serving board leader.
The board also renewed its share repurchase program, authorizing up to $750 million of buybacks.
These moves highlight changes in board oversight and capital allocation at a time when the stock trades around $300.84.
RenaissanceRe Holdings comes into this leadership change with the stock at $300.84 and multi year share price gains, including 10.5% year...