Arch Announces Dividend, Executive Promotions

Arch Capital Group Ltd. announced a $1.9 billion special dividend and also announced executive promotions. A spokesperson said, “Arch Capital Group Ltd. [NASDAQ: ACGL, Arch or the Company] today announced that its Board of Directors [Board] has declared a special cash dividend [special dividend] of $1.9 billion to common shareholders, representing $5.00 per outstanding common share. […]

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