Swiss Re has completed its CHF1bn ($999m) public share buyback of more than 11 million shares, authorised at the 2018 annual meeting and which had to be completed by the 2019 meeting in April. Zürcher Kantonalbank acted as agent for the transaction. The company said it would use some proceeds from this sale for a new fund that will invest in infrastructure projects around the world.
Swiss Re has completed its CHF1bn ($999m) public share buyback of more than 11 million shares, authorised at the 2018 annual meeting and which had to be completed by the 2019 meeting in April. The company said it would use some proceeds from this sale for a new fund that will invest in infrastructure projects around the world.