Beazley PLC Continues Share Repurchase Programme, Acquiring Nearly 200,000 Shares for Cancellation

Established insurance group Beazley PLC has once again shown their dedication to exceeding investor expectations, announcing the grand repurchase of 197,636 of their own ordinary shares for cancellation. The repurchase, carried out on 9 May 2025, was executed through J.P. Morgan Securities plc. The move comes as part of an ongoing share repurchase programme, details of which were first unveiled to investors and the market at large on 5 March 2025. The shares, each worth 5 pence, were purchased at a range of values - the highest price paid for a share stood at a sturdy 890.00p, whilst the lowest figure came in at a robust 872.50p. The volume-weighted average price per share was an impressive 885.2844p. The share repurchase programme, which has been running since March 2025, has thus far seen the company successfully purchase a staggering total of 13,158,421 ordinary shares for cancellation. The process complies with all regulations and legal requirements, providing investors with confidence in Beazley PLC’s corporate governance and commitment to ethical practices. This significant achievement is expected to boost the financial fortitude of the company while potentially leading to an increase in the value of the remaining shares in circulation. Beazley PLC remains determined to demonstrate its commitment to financial excellence and shareholder value. The company is consistently showing its strength and adaptability in the market, and this latest announcement further establishes its position as a frontrunner in the financial sector.