NYSE:CBInsurance
Chubb (NYSE:CB) Enacts Share Buyback, Reveals Capital Changes & Dividend Increase
Chubb (NYSE:CB) recently announced a 6.6% increase in its annual dividend, marking its 32nd consecutive increase, alongside a substantial $5 billion share repurchase program and updates to its company bylaws. These developments likely provided additional support to its stock, which saw a 10.41% price move over the last quarter. During this period, broader market trends reflected an upward momentum with the S&P 500 showing notable gains, suggesting that Chubb's performance aligned with the...