11:45 AM EDT, 05/15/2025 (MT Newswires) -- Chubb ( CB ) said Thursday its shareholders approved raising the quarterly dividend to $0.97 from $0.91 per share. The dividend is payable on July 3 to shareholders of record on June 13.

The company also said its board approved a new $5 billion share buyback program starting July 1, with no expiration. The current program remains in place through June 30, while repurchase timing and amounts will be at management's discretion.

Shares of Chubb ( CB ) were up 2.2% in recent Thursday trading.

Price: 286.90, Change: +5.52, Percent Change: +1.96