November 21, 2013 / 5:15 PM / 4 years ago

BRIEF-ACE board to recommend 24% increase in quarterly dividend to shareholders

Nov 21 (Reuters) - ACE Ltd : * Board to recommend 24% increase in quarterly dividend to shareholders, from

$0.51 to $0.63 per share; company to target repurchase of up to $1.5 billion

of its shares * Board announced authorization of a share repurchase program up to $2 billion

of the company's common stock through December 31, 2014 * Says proposal to increase dividend will apply to the next two quarterly

dividend installments * Source text for Eikon * Further company coverage

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