Insurance Company Beazley Plc Makes Waves as it Action's Major Share Repurchase
The insurance arena is abuzz following Beazley Plc’s newsworthy share repurchase. On 8 August 2025, the insurance heavyweight announced buying back an astonishing 187,952 of its own ordinary shares. And it’s not an impromptu purchase; it’s part of a skilfully strategised repurchase programme endorsed by its shareholders back in March 2025. The purchase led to the cancellation of the shares, signalling a strong commitment to return capital to its shareholders.
The pricey repurchase saw shares bought at rates varying from 901.50p to 919.50p each, with an average price standing at 908.4032p. The purchase was facilitated by J.P. Morgan Securities Plc. Since the greenlighting of the programme in March, Beazley Plc has purchased a staggering total of 25,306,456 ordinary shares for cancellation.
- •Transaction in Own Shares investegate.co.uk08-08-2025