.echoSoc_wrap, .echoSoc_overlay { position: fixed; width: 100%; top: 0; left: 0; right: 0; bottom: 0; } .echoSoc_wrap { z-index: 999999999; display: none; } .echoSoc_overlay { z-index: 777777; background: #555; opacity: .7; display: none; } .echoSoc_frame { background-color: #eee; width: 400px; position: absolute; text-align: center; border-radius: 3px; z-index: 888888; overflow: hidden; display: none; box-shadow: 0 0 0 1px #fff, 0 0 5px 2px rgba(0, 0, 0, .3); } .echoSoc_title { background-color: #333; position: relative; padding: 4px 0; } .echoSoc_title h3 { text-align: center; color: #fff; font-size: 26px; margin: 3px 0; } /*.echoSoc_logo { background-image: url(../img/echoSoc-logo.png); width: 157px; height: 46px; margin: auto; }*/ .echoSoc_content { padding: 6px; color: #6f6f6f; } .echoSoc_description li { text-align: center; list-style: none; padding: 5px 0; display: block; } .echoSoc_buttons { display: block; min-height: 23px; position: relative; margin: 0 auto; padding: 10px 0; overflow: hidden; transform: scale(0.9); } .echoSoc_countdown { font-size: 11px; margin-top: 10px; } .echoSoc_countdown span { color: #63c2ff; font-weight: bold; }

Monday, January 17, 2011

Yahoo! Finance: Property & Casualty Insurance Industry News: Platinum Underwriters Holdings, Ltd. Announces Recent Share Repurchases and Agreement to Purchase Options Issued to RenaissanceRe Holdings Ltd.

[PR Newswire] - Platinum Underwriters Holdings, Ltd. announced today that it repurchased 1,685,714 of its common shares for approximately $75.1 million during the three months ended December 31, 2010 and an additional 350,000 common shares for approximately $15.9 million during 2011.  Platinum also announced that it has entered into an agreement to purchase, for an aggregate of $47.9 million in cash, the options issued to RenaissanceRe Holdings Ltd. in connection with Platinum's initial public offering in 2002.  The RenaissanceRe Options had provided the right to purchase 2,500,000 common shares from Platinum for $27.00 per share and were subsequently amended to provide for net share settlements.

Source: http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/prnews/110117/ny31154.html?.v=1
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)