Chubb Ltd
For the period ended Jun 30, 2024. Filed Jul 26, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 26, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
Issuer’s Repurchases of Equity Securities
The following table provides information with respect to purchases by Chubb of its Common Shares during the three months ended June 30, 2024:
| Period · Total Number ofShares Purchased (1) · Average Price Paid per Share · Total Number of Shares Purchased as Part of Publicly Announced Plan (2) · Approximate Dollar Value of Shares that May Yet be Purchased Under the Plan (3) | |||||
|---|---|---|---|---|---|
| April 1 through April 30 | 1,018,341 | $248.51 | 1,013,338 | $3.12 | billion |
| May 1 through May 31 | 1,199,721 | $254.72 | 1,059,598 | $2.86 | billion |
| June 1 through June 30 | 184,203 | $275.98 | 181,300 | $2.81 | billion |
| Total | 2,402,265 | $253.72 | 2,254,236 | ||
(1)This column represents open market share repurchases and the surrender to Chubb of Common Shares to satisfy tax withholding obligations in connection with the vesting of restricted stock issued to employees and to cover the cost of the exercise of options by employees through stock swaps.
(2)The aggregate value of shares purchased in the three months ended June 30, 2024 as part of the publicly announced plan was $570 million. Refer to Note 13 to the Consolidated Financial Statements for more information on the Chubb Limited securities repurchase authorizations.
(3)For the period July 1, 2024, through July 25, 2024, we repurchased 175,465 Common Shares for a total of $45 million in a series of open market transactions. As of July 25, 2024, $2.76 billion in share repurchase authorization remained.
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