Old Republic International Corporation announced a new $750 million share repurchase program.
The program will start after completing the $162 million remaining from the previous $1.10 billion program.
The Board of Directors authorized the repurchase based on liquidity, capital needs, and confidence in growth.
Share Repurchase Program
Authorization of a new $750 million share repurchase program.
Capital Management
Reflects the strength of the balance sheet and confidence in the growth and earnings potential.
Dividend History
Over $4.2 billion returned to shareholders since December 31, 2020.
- The announcement indicates the company's commitment to returning value to shareholders through capital management strategies.
- The share repurchase program showcases Old Republic's confidence in its financial position and growth prospects.
Old Republic's decision to authorize a $750 million share repurchase program reflects their strong financial position and commitment to returning value to shareholders. This strategic move aligns with their history of prudent capital management.