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.
LA County Told to Pause $4B in Abuse Payouts as DA Probes Fraud Claims 
Owner of Assisted Living Home Where 10 Died in Fire Denied Access to Insurance Funds 
Businesses Pressured to Respond to ICE While Becoming a Target 
Accuweather: Winter Storm to Cause Up to $115B in Damage, Economic Losses 
