Employers Holdings, Inc.'s announces an Increase in Equity Buyback.
June 09, 2024
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On June 10, 2024, the company announced an increase in its equity buyback plan. The company increased its authorization by $50 million, thereby bringing total authorization to $100 million.
The company also announced that it has extended its plan duration till July 31, 2025.
Employers Holdings, Inc. is a holding company. The Company, through its wholly owned insurance subsidiaries, Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC), Employers Assurance Company (EAC), and Cerity Insurance Company (CIC), is engaged in the commercial property and casualty insurance industry, specializing in workers compensation products and services, which are focused on small and select businesses engaged in low-to-medium hazard industries. Workers' compensation provides insurance coverage for the statutorily prescribed benefits that employers are required to provide to their employees who may be injured or suffer illness in the course of employment. Its Insurance Operations segment represents the traditional business offered through its agents, including business originated from the Company's strategic partnerships and alliances and direct-to-customer business.
EMPLOYERS HOLDINGS, INC. 
