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Stock impact report

The Hartford Announces First Quarter 2020 Financial Results and Impact of COVID-19

Hartford Financial Services Group, Inc. (The) (HIG) 
Last hartford financial services group, inc. (the) earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.thehartford.com
Company Research Source: Business Wire
First quarter 2020 net income available to common stockholders of $268 million ($0.74 per diluted share) decreased 57% from first quarter 2019, and core earnings* of $485 million (core earnings per diluted share* of $1.34) declined 4% from first quarter 2019Net income ROE for the trailing 12-month period ended March 31, 2020, was 11.8% and core earnings ROE* for the same period was 13.3%Book value per diluted share was $41.42, down 6% from December 31, 2019; book value per diluted share excluding accumulated other comprehensive income (AOCI)* rose 1% to $44.07In the first quarter, The Hartford returned $258 million to shareholders, consisting of $108 million in common stockholder dividends paid and $150 million of common share repurchases. The Company has $650 million remaining under its $1.0 billion share repurchase authorization. The Company paused share repurchase activity as it continues to monitor the evolving impacts of COVID-19The impact to The Hartford's underwriting operation Show less Read more
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