MGIC Investment Corporation Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.15 Per Share
MGIC Investment Corporation's board of directors authorized a new share repurchase program allowing for the buyback of up to $750 million of common stock. The program is valid through December 31, 2028, and provides flexibility for repurchases through open market or privately negotiated transactions.
Key figures
- Quarterly dividend per share
- $0.15
- Share repurchase authorization
- $750 million
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