8.81%F 2.87 
6.69%SPY 86.02 4.52%
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NEW YORK - The Navigators Group Inc., an insurer, said Tuesday in a regulatory filing its board of directors approved a plan to repurchase up to $30 million of common stock.
| NAVG | 53.38 |  -0.92 |
Based on Monday's closing price of $59.74, Navigators Group would be able to purchase 502,176 shares, or about 3 percent, of outstanding stock under the plan.
The plan expires Dec. 31, 2008.
Shares of Navigators Group rose $1.64, or 2.8 percent, to $61.38 in afternoon trading. Shares have traded between $45.41 and $65.60 during the past year.
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