Enstar buys back $180mn of stock from CPPIB as it reports Q3 earnings
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Enstar buys back $180mn of stock from CPPIB as it reports Q3 earnings

Aisling Finn, 
Adam McNestrie
November 07, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
enstar_logo_bermuda_2021.png

Enstar has struck a deal with its largest shareholder CPPIB to buy back $180mn of stock, taking the Canadian pension giant’s stake down to ~10%.

In addition, Stone Point sold 95,000 shares to CEO Dominic Silvester and Enstar in a move that will hold its stake to 9.9%

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

News Results Enstar Earnings
aisling finn/aisling finn ii us.png
Aisling Finn
Reporter
Contact
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
Gift this article