SiriusPoint
Insurance · Bermuda · 999 Employees
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Headquarters
Point Building 3 Waterloo Ln, Pembroke, Hamilto...Phone Number
+44 15423300Website
siriuspt.comRevenue
$2.6 BillionStock Symbol
SPNTIndustry
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SiriusPoint Announces Dividend on Series B Preference Shares
HAMILTON, Bermuda, Jan. 29, 2025 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT), a global specialty insurer and reinsurer, has today announced that the Audit Committee of the Board of Directors of SiriusPoint Ltd. has approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on or prior to February 28, 2025 to SeriesSiriusPoint buys back US$733 million stake from CM Bermuda
Strategic repurchase to improve earnings, ROE, and book value per share by 2025Why Is Insurer SiriusPoint Stock Trading Higher On Tuesday?
SiriusPoint Ltd (NYSE:SPNT) stock is trading higher on Tuesday after the specialty insurer and reinsurer announced the repurchase of all SiriusPoint common shares and warrants held by CM Bermuda Limited for $733 million. Following the closing of the repurchase transaction, CM Bermuda will have no remaining ownership interest in SiriusPoint and will cease to have any representation on, or observer rights with respect to, SiriusPoint’s board of directors. SiriusPoint will pay in two tranches, withSiriusPoint Announces Full Repurchase of CM Bermuda Shares
HAMILTON, Bermuda, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, announced today it has entered into an agreement to repurchase all SiriusPoint common shares and warrants held by CM Bermuda Limited (“CM Bermuda”) for an aggregate purchase price of $733 million.
Frequently Asked Questions Regarding SiriusPoint
SiriusPoint is a global insurance and reinsurance company, created from the merger of Third Point Reinsurance and Sirius Group. SiriusPoint is headquartered in Pembroke, Bermuda.... Read More