Eastern Insurance Holdings Increases Repurchase Authorization of Common Stock by 1M Shares
Eastern Insurance Holdings (NASDAQ: EIHI) announced today that its board of directors has increased the repurchase authorization of its issued and outstanding shares of common stock by 1,000,000 shares. As of the close of business on August 22, 2011, the Company had 213,168 shares remaining on its previous share repurchase authorization, meaning that the Company now is authorized to repurchase up to 1,213,168 shares of its common stock.
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