AI English summary of an SEC filing — figures as filed
The company said it renewed its $1.0 billion share repurchase authorization on December 20, 2024, which may be carried out from time to time in open market or privately negotiated transactions.
Key points
AI summaryThe company said it renewed its $1.0 billion share repurchase authorization on December 20, 2024, which may be carried out from time to time in open market or privately negotiated transactions.
Arch Capital said the new program replaces its existing share repurchase authorization.
The company said that as of September 30, 2024, about $1.0 billion of share repurchases remained available under its share repurchase program.
Arch Capital said it did not repurchase any common shares from October 1, 2024 through December 13.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Arch Capital renews $1.0 billion buyback authorization
The company said it renewed its $1.0 billion share repurchase authorization on December 20, 2024, which may be carried out from time to time in open market or privately negotiated transactions.
Source · Based on the filing body and exhibits
New program replaces existing authorization
Arch Capital said the new program replaces its existing share repurchase authorization.
Source · Based on the filing body and exhibits
Remaining capacity as of September 30, 2024
The company said that as of September 30, 2024, about $1.0 billion of share repurchases remained available under its share repurchase program.
Source · Based on the filing body and exhibits
No buybacks from October 1 through December 13
Arch Capital said it did not repurchase any common shares from October 1, 2024 through December 13.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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