#share buyback #dividend increase #Switzerland #Zurich #Chubb Limited

Chubb Limited's 32nd Annual Dividend Increase

In a remarkable development in the financial landscape, Chubb Limited (NYSE: CB) has secured approval from its shareholders for a 6.6% increase in its annual dividend during the company's 2025 Annual General Meeting in Zurich, Switzerland. This adjustment boosts the dividend from $3.64 to $3.88 per share annually, marking the company's 32nd consecutive increase in dividends. This long-standing trend of consistent dividend growth underscores Chubb's commitment to returning value to its shareholders, reflecting not only the company's financial stability but also its strong operational performance.

The enhanced dividend will be disbursed in quarterly installments of $0.97 starting July 3, 2025, with the record date for the first installment set on June 13, 2025. Such a structured and strategic approach to dividend payment highlights Chubb's commitment to shareholder returns while maintaining sound financial management principles. Additionally, the decision to utilize legal reserves for these payouts showcases the company's robust financial health, giving shareholders confidence in the sustainability of such returns.

In conjunction with the dividend increase, Chubb's Board of Directors has authorized a significant $5 billion share repurchase program set to commence on July 1, 2025, without an expiration date. This new buyback program, which follows the expiration of the previous one on June 30, 2025, represents a decisive move by management to enhance shareholder value while providing flexibility in capital management. Typically, share repurchase programs signal confidence in a company's intrinsic value, indicating that management believes the stock is undervalued.

Market conditions, business considerations, and compliance with applicable legal requirements will guide the timing and volume of shares repurchased under this new program. Chubb’s management is known for its careful approach; hence, shareholders can anticipate thoughtful decision-making regarding these repurchases.

About Chubb Limited

Chubb is recognized as a global leader in the insurance sector, with operations extending across 54 countries and territories. The company offers a comprehensive range of products, including commercial and personal property and casualty coverage, reinsurance, and life insurance. Chubb is well-positioned in the marketplace due to its extensive offerings, exceptional financial strength, and localized operations.

Employing approximately 43,000 individuals worldwide, Chubb maintains a strong commitment to operational excellence and customer satisfaction. The company is firmly established on the New York Stock Exchange, where it is a member of the S&P 500 index, solidifying its reputation among leading companies globally. For additional insights into the company, its products, and services, visit Chubb's website.

In summary, the recent announcements from Chubb Limited demonstrate a positive trajectory in shareholder returns through consistent dividend increases and a strategic share buyback initiative. Such measures not only reflect the company’s operational success but also enhance investor confidence in Chubb’s future growth potential and financial stability.