East Lansing, Mich.-based medical liability insurer American Physicians Capital Inc. announced that its board of directors has authorized the continuation of its share repurchase program. This authorization allows the company to repurchase an additional 500,000 shares. The company has repurchased all of the shares previously authorized by the board.
The timing of the repurchases and the number of shares to be bought at any one time depend on market conditions and the company’s capital requirements.
Topics New Markets
Was this article valuable?
Here are more articles you may enjoy.
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent
What Berkshire’s CEO Abel Said About Insurance
Zurich Insurance and Beazley Agree to $10.9B Cash Acquisition
New York Taxi Insurer Failed to Defend Uber in Crash Cases, Judge Says 

