LONDON (Dow Jones)--Lancashire Holdings Limited (LRE.LN), announced Wednesday that on Jul. 13, it purchased 120,000 Common Shares at a price of 523.51 pence per share MAIN FACTS: -All the purchased shares will be cancelled. -Shares at 0701 GMT down 3 pence, or 0.57%, at 524 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; [email protected] (END) Dow Jones Newswires July 14, 2010 03:02 ET (07:02 GMT)