Sabre Insurance shares charge ahead on dividend and buyback
Premium growth muted by designMargins improve substantiallyDividend up 44% plus buybackPatience is a virtue, and investors in motor insurer Sabre (SBRE) have finally been rewarded after the group posted slightly better-than-expected results, hiked the dividend and announced a small buyback, the first in its history.The shares, which had been languishing at 12-month lows,...