Beazley PLC - London-based insurer - Launches $325 million share buyback on Friday. The programme was announced with Beazley’s annual results on Thursday, in which it reported that pretax profit more than doubled to $1.25 billion in 2023 from $584.0 million in 2022. Beazley also declared a 14.2 pence per share annual dividend, up from 13.5p. Beazley on Friday says the share buyback will run until the full $325 million has been spent or December 31, whichever is earlier.

Current stock price: 654.00 pence

12-month change: up 5.2%

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