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Lloyd's repurchases £15.53 million perpetual capital securities
By Toni Weeks
San Diego, July 25 - The Society of Lloyd's made four repurchases totaling £15,527,000 of its 7.421% perpetual subordinated capital securities (ISIN: XS0307055995), according to a filing with the London Stock Exchange.
The company repurchased £5 million of the securities on Dec. 1, 2010, £3,527,000 of the securities on June 13, £5 million of the securities on June 15 and £2 million of the securities on June 17.
Following the repurchases, £408,854,000 of the securities remains outstanding.
Lloyd's is a London-based specialist insurance market.
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