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0.0013562386980109 0.00226039783001812 -0.00316455696202533 -0.00384267631103078 -0.00384267631103078 -0.00384267631103078 -0.00384267631103078 -0.00384267631103078
Stock impact report

Enact Expands Buybacks And Dividends As Shareholder Return Story Builds [Yahoo! Finance]

Enact Holdings, Inc. (ACT) 
US:NYSE Investor Relations: advisorshares.com/fund/act
Company Research Source: Yahoo! Finance
Enact Holdings (NasdaqGS:ACT) authorized a new $500 million share repurchase program and approved a quarterly dividend. The company also entered a stock buyback agreement with Genworth Financial, aligning capital returns with a key shareholder relationship. These actions were announced alongside what management described as strong operational results and a sharpened focus on shareholder returns. For investors watching Enact Holdings, the fresh $500 million buyback and dividend sit against a share price of $40.33 and a 1 year return of 22.7%. Over 3 years, the stock has delivered a 92.5% return, which places recent capital return decisions in the spotlight as management signals confidence in the business and balance sheet. Looking ahead, the scale of the repurchase program, together with the Genworth Financial agreement, could influence Enact's share count and capital allocation mix over time. For you as a shareholder or potential investor, the key questions are how consistent Show less Read more
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