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Stock impact report

Radian Declares Regular Quarterly Dividend on Common Stock and Approves New Share Repurchase Authorization

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
PHILADELPHIA--(BUSINESS WIRE)--Radian Group Inc. (NYSE: RDN) announced today that the company’s Board of Directors approved a regular quarterly dividend on its common stock in the amount of $0.0025 per share, payable on September 6, 2019, to stockholders of record as of August 26, 2019.In addition, the Board of Directors has approved a new share repurchase program that enables the company to repurchase its common stock. The shares may be purchased in the open market or in privately negotiated transactions. The company’s previous $250 million share repurchase program was fully utilized on July 23, 2019.The new authorization provides Radian the flexibility to repurchase shares opportunistically from time to time and spend up to $200 million, based on market and business conditions, stock price and other factors. The authorization is effective immediately and expires on July 31, 2020. Radian plans to utilize a Rule 10b5-1 plan, which would permit the company to purchase shares, at pr Show less Read more
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