MGIC Investment Corporation Announces $200 Million Share Repurchase Program
MGIC Investment Corporation (MTG)
Last mgic investment corporation earnings: 2/4 06:45 am
Check Earnings Report
US:NYSE Investor Relations:
mtg.mgic.com/investor-overview
Company Research
Source: PR Newswire
MILWAUKEE, March 20, 2019 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) announced its board of directors has authorized an additional share repurchase program under which the Company may repurchase up to $200 million of its common stock through the end of 2020. The Company has approximately $25 million remaining on an existing share repurchase authorization announced in April 2018 that remains in place through the end of 2019.Repurchases may be made from time to time on the open market or through privately negotiated transactions. The repurchase program may be suspended for periods or discontinued at any time.The Company expects to fund the purchases with Company cash and investments, which as of December 31, 2018, totaled $248 million. The Company currently has approximately 356 million shares of common stock outstanding.About MGIC The principal subsidiary of MGIC Investment Corporation is Mortgage Guaranty Insurance Corporation, or MGIC (www.mgic.com), which serves lenders
Show less
Read more
Impact Snapshot
Event Time:
MTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTG alerts
High impacting MGIC Investment Corporation news events
Weekly update
A roundup of the hottest topics
MTG
News
- MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per Share [Yahoo! Finance]Yahoo! Finance
- MGIC Investment Announces Additional $750 Million Share Repurchase Program and Quarterly Dividend of $0.115 Per SharePR Newswire
- MGIC Investment Co. (NYSE: MTG) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $24.00 price target on the stock, up previously from $23.50.MarketBeat
- MGIC Investment Corporation Schedules 1st Quarter 2024 Earnings CallPR Newswire
- MGIC Investment (MTG) Up 62.6% in a Year: More Room to Run? [Yahoo! Finance]Yahoo! Finance
MTG
Earnings
- 1/31/24 - Beat
MTG
Sec Filings
- 4/3/24 - Form 4
- 3/22/24 - Form DEF
- 3/22/24 - Form ARS
- MTG's page on the SEC website