GREENLIGHT CAPITAL RE, LTD. ANNOUNCES COMPLETION OF STRATEGIC REVIEW AND SECURITIES REPURCHASE AUTHORIZATION
Greenlight Reinsurance, Ltd. - Class A Ordinary Shares (GLRE)
Last greenlight reinsurance, ltd. - class a ordinary shares earnings: 2/27 04:04 pm
Check Earnings Report
US:NASDAQ Investor Relations:
greenlightre.ky
Company Research
Source: GlobeNewswire
GRAND CAYMAN, Cayman Islands, April 02, 2020 (GLOBE NEWSWIRE) -- Greenlight Capital Re, Ltd. (Nasdaq: GLRE) (“Greenlight Re” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced that its Board of Directors (the “Board”) has completed its review of strategic transaction alternatives. After a thorough and rigorous process conducted by the Board with the assistance of Credit Suisse Securities (USA) LLC, the Company determined that the best course of action is to continue its existing business plan. The Board, following a recommendation made by a special committee composed of independent directors, determined that at this time stockholder value is likely to be better enhanced on a standalone basis than by pursuing a transaction with a third party. The Board also expanded the Company’s share repurchase program of Class A Ordinary Shares from 2.5 million to 5.0 million Class A Ordinary shares through June 30, 2021.
Show less
Read more
Impact Snapshot
Event Time:
GLRE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GLRE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GLRE alerts
High impacting Greenlight Reinsurance, Ltd. - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GLRE
News
- Greenlight Capital Re (NASDAQ:GLRE) shareholders have earned a 11% CAGR over the last three years [Yahoo! Finance]Yahoo! Finance
- Oka, The Carbon Insurance Company (Oka)™ Closes $10-Million in Funding [Yahoo! Finance]Yahoo! Finance
- Greenlight Capital Re Ltd Reports Record Underwriting Income for 2023 [Yahoo! Finance]Yahoo! Finance
- Greenlight Capital Re, Ltd. (NASDAQ:GLRE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Greenlight Re Announces Fourth Quarter and Year-end 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
GLRE
Sec Filings
- 4/25/24 - Form DEF
- 4/19/24 - Form 4/A
- 4/18/24 - Form 8-K
- GLRE's page on the SEC website