GREENWICH, Conn.--(BUSINESS WIRE)--
W. R. Berkley Corporation (NYSE: WRB) announced today that its
Board of Directors has approved a 3-for-2 common stock
split to be paid in the form of a stock dividend to holders of record on
March 14, 2019.
The additional shares are expected to be issued on April 2,
2019 (immediately subsequent to
the payment of the regular quarterly cash dividend referred to below).
The Board of Directors has also declared a regular quarterly cash
dividend on its pre-split common stock of 15 cents per share, also to be
paid on April 2, 2019 to stockholders of record at the close of business
on March 14, 2019.
At February 19, 2019, W. R. Berkley Corporation had 122,013,621 shares
of common stock outstanding.
Founded in 1967, W. R. Berkley Corporation is an insurance holding
company that is among the largest commercial lines writers in the United
States and operates worldwide in two segments of the property casualty
insurance business: Insurance and Reinsurance. For further information
about W. R. Berkley Corporation, please visit www.wrberkley.com.
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W. R. Berkley Corporation
Karen A. Horvath
Vice
President – External
Financial Communications
203-629-3000
Source: W. R. Berkley Corporation