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Stock impact report

Radian Announces Recent Actions in Response to COVID-19

Radian Group Inc. (RDN) 
Last radian group inc. earnings: 2/5 06:27 pm Check Earnings Report
US:NYSE Investor Relations: radian.biz/page?name=investors
Company Research Source: Business Wire
Company suspends share repurchases to maintain its capital and liquidity position; continues to provide uninterrupted customer support PHILADELPHIA--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that it has taken several actions in response to the COVID-19 pandemic. The objective of these actions is to help ensure the well-being of the company’s customers, partners, investors and communities while safeguarding the health of Radian’s employees and their families. These actions include the following:Suspension of Share Repurchases. In order to maintain Radian’s capital and liquidity position during this unprecedented period of economic uncertainty, the company has suspended its share repurchase program by canceling its current 10b5-1 plan effective March 19, 2020. Radian may initiate a new 10b5-1 plan at its discretion in the future, during an open trading window and in accordance with SEC rules. The current share repurchase authorization expires on August 31, 2021.D Show less Read more
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