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Item 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

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Item 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

The common stock of the Company is traded on the New York Stock Exchange under the symbol “WRB”.

In 2018, the Board declared regular quarterly cash dividends of $0.14 per share in first quarter, and $0.15 per share in each of the remaining three quarters, plus three additional special dividends of $0.50 per share each. Subject to availability, the Board currently expects to continue such regular quarterly cash dividends.

The approximate number of record holders of the common stock on February 19, 2019 was 323.

The chart below shows a comparison of 5 year cumulative total return.

Comparison of 5 Year Cumulative Total Return

Assumes initial investment of $100 on January 1, 2014, with dividends reinvested.

chart-2cbcedf7c2855dd1926.jpg

The S&P 500® Property and Casualty Insurance Index consists of Allstate Corporation, Chubb, Ltd., Cincinnati Financial Corporation, Progressive Corporation, and The Travelers Companies, Inc.

201320142015201620172018
W. R. Berkley CorporationCum $100.00121.61131.05163.48180.12188.43
S&P 500 Index - Total ReturnsCum $100.00113.69115.26129.05157.22150.32
S&P 500 Property and Casualty Insurance IndexCum $100.00115.74126.77146.68179.52171.10

Set forth below is a summary of the shares repurchased by the Company during the fourth quarter of 2018 and the remaining number of shares authorized for purchase by the Company during such period.

Total Number of Shares PurchasedAverage Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsMaximum Number of Shares that may yet be Purchased Under the Plans or Programs
October 2018———9,167,997
November 2018———9,167,997
December 2018256,60069.96256,6008,911,397

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