NEW YORK--(BUSINESS WIRE)--Oct. 17, 2013--
The Travelers Companies, Inc. (NYSE: TRV)
today announced a voluntary “Odd-Lot” sale and purchase program under
which shareholders owning fewer than 100 shares of Travelers common
stock may either sell all of their shares or purchase sufficient
additional shares to increase their holdings to 100 shares.
This voluntary program is being administered by Georgeson Inc. and
provides an alternative to purchasing or selling less than 100 shares of
Travelers common stock through a brokerage firm or other method.
The program expires November 15, 2013, unless extended by Travelers.
Participants will pay or will receive a price per share equal to a
weighted average price, as described in the program materials.
Participants will pay a processing fee of $2.75 per share purchased or
sold, up to a maximum of $50.00 per account.
Travelers will not buy or sell shares in the program, and Travelers is
making no recommendation to shareholders as to whether they should sell
or purchase shares.
Information about the Travelers Odd-Lot program, including how to
participate, will be mailed to eligible Travelers shareholders.
Inquiries can be directed to the program’s administrator, Georgeson
Inc., at 1.855.641.0884. Shareholders can also access information online
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of
property casualty insurance for auto,
home and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$26 billion in 2012. For more information, visit www.travelers.com.
Source: The Travelers Companies, Inc.
The Travelers Companies, Inc.