Chubb (CB) announced that at its 2025 annual general meeting, shareholders approved a 6.6% increase in the company’s dividend to $3.88 per share annually, or 97c per share, per quarter, from $3.64 per share, or 91c per share, per quarter. The dividend will be payable out of legal reserves in four quarterly installments and will be made in United States dollars by the company’s transfer agent, as described in the Chubb Limited 2025 proxy statement. The company’s board of directors declared that shareholders of record at the close of business on June 13 will be entitled to payment of the first installment of 97c per share on July 3. The company also announced that its board of directors has authorized a new $5B share repurchase program. The program is effective July 1 and has no expiration date. The company’s existing share repurchase program will remain effective through June 30. The timing and volume of any share repurchases under this authorization will be determined by management at its discretion, Chubb noted.
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