Swiss Re: to buyback or not to buyback?
Investors are keenly anticipating Swiss Re's full-year financials, released 23 February, for news on a potential share buyback, though views are currently divided on whether the reinsurance giant will hand back capital or retain it to utilise in underwriting opportunities.
According to a survey of investor clients by analysts at Jefferies there was a strong consensus of 79 percent of respondents that believed Swiss Re would not announce a share buyback with its results.
But Jefferies analyst James Shuck said...
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