Ticker | CNA |
FIGI | BBG000BFYB47 |
CUSIP | 126117100 |
Sector | Financials |
Equity Type | Common Stock |
No. Companies Holding this Equity | 235 / 3.4% |
Percentage held by institutional investors | 99.1% |
About
Loews Corporation is an American conglomerate headquartered in New York City. The company's majority-stake holdings include CNA Financial Corporation, Boardwalk Pipeline Partners, Loews Hotels and Altium Packaging. The corporation positions itself as a value investor with a long-term focus. In recent years, Loews has also allocated significant capital for share buybacks. In the three years ended December 31, 2012, Loews spent $1.3 billion repurchasing shares. Between 1971 and 2020, the corporation reduced its shares outstanding from 1.3 billion shares to 291 million shares. Wikipedia