Platinum Underwriters Holdings 8-K 2012
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Platinum Underwriters Holdings, Ltd.
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Item 8.01 Other Events.
On July 23, 2012, the Company announced that it had increased the authorized amount under its existing share repurchase program to a total of up to $250.0 million of its common shares. This represents an increase of approximately $163.3 million from the approximately $86.7 million remaining under the previous share repurchase program announced on February 16, 2011. Repurchases under the program may be made in open market or privately negotiated transactions or otherwise, from time to time, depending on market conditions.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.