Alleghany Corporation Reports 2008 Second Quarter Results - Stockholders' Equity Per Common Share Increases 3.9 Percent since 2007 Year End.
Business Wire › August 07, 2008
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Alleghany Corporation Reports 2008 Second Quarter Results - Stockholders' Equity Per Common Share Increases 3.9 Percent since 2007 Year End.
NEW YORK -- Stockholders' equity per common share of Alleghany Corporation (NYSE:Y) at June 30, 2008 was $311.34, an increase of 3.9% from stockholders' equity per common share of $299.72 at December 31, 2007 (all as adjusted for the stock dividend declared in February 2008), Weston M. Hicks, President and chief executive officer of Alleghany, announced today. On a consolidated basis, cash and invested assets were approximately $4.43 billion at June 30, 2008, an increase of 2.8% from approximately $4.31 billion at December 31, 2007.
A summary of Alleghany's results for the three and six months ended June 30, 2008 and 2007 is as follows: [TABLE OMITTED] (1) Alleghany Insurance Holdings LLC ("AIHL") the holdin...See the full content of this document
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