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Stock Transactions
9 Months Ended
Sep. 30, 2015
Equity [Abstract]  
Stock Transactions
Stock Transactions
On January 22, 2015, RGA’s board of directors authorized a share repurchase program, with no expiration date, for up to $300.0 million of the RGA’s outstanding common stock. In connection with this authorization, the board of directors terminated the stock repurchase authority granted in 2014. In July 2015, RGA’s board of directors authorized an additional increase of $150.0 million to the share repurchase program previously authorized in January 2015. With these authorizations, the total amount of the RGA's outstanding common stock authorized for repurchase is $450.0 million.
RGA has repurchased shares throughout 2015 and as of September 30, 2015 there was $125.7 million remaining under the share repurchase authorizations. The following table provides quarterly information relating to share repurchases made by RGA during 2015, by quarter (dollars in thousands, except share data):
Period of Repurchase
 
Shares
 
Amount
 
Cost per Share
First quarter
 
2,538,718

 
$
230,124

 
$
90.65

Second quarter
 
252,642

 
23,480

 
92.94

Third quarter
 
782,437

 
70,702

 
90.36

Total
 
3,573,797

 
$
324,306

 
$
90.75