financetom
Business
financetom
/
Business
/
MGIC Investment Approves $750 Million Share-Repurchase Plan, Keeps Quarterly Dividend Steady
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MGIC Investment Approves $750 Million Share-Repurchase Plan, Keeps Quarterly Dividend Steady
Apr 25, 2024 11:43 AM

02:26 PM EDT, 04/25/2024 (MT Newswires) -- MGIC Investment ( MTG ) said Thursday it has approved an additional $750 million share-buyback program, with repurchases to be done through privately negotiated, open market, or other transactions at any time before Dec. 31, 2026.

The company kept its quarterly dividend at $0.115 per share, payable May 21 to stockholders of record May 9.

MGIC Investment's ( MTG ) shares were down 0.4% in recent Thursday trading.

Price: 20.27, Change: -0.09, Percent Change: -0.42

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Integer Holdings' Fiscal Q3 Adjusted Earnings, Revenue Rise; Updates Fiscal 2024 Guidance
Integer Holdings' Fiscal Q3 Adjusted Earnings, Revenue Rise; Updates Fiscal 2024 Guidance
Nov 2, 2024
08:35 AM EDT, 10/24/2024 (MT Newswires) -- Integer Holdings ( ITGR ) reported Q3 adjusted earnings Thursday of $1.43 per diluted share, up from $1.29 a year earlier. Analysts polled by Capital IQ expected $1.36. Revenue for the quarter ended Sept. 27 was $431.4 million, up from $396.8 million a year earlier. Analysts surveyed by Capital IQ expected $440.6 million....
S&P Global lifts annual profit forecast on demand for analytics products
S&P Global lifts annual profit forecast on demand for analytics products
Nov 2, 2024
(Reuters) - Financial information company S&P Global ( SPGI ) raised its annual profit forecast on Thursday and beat Wall Street estimates for third-quarter profit on strong demand for its data and analytics products. WHY IT'S IMPORTANT Expectations of further interest-rate cuts kept investors confident in the health of the U.S. economy and boosted demand for market-related analytical tools for...
Scottie Resources Details Interceptions at Blueberry Contact Zone in British Columbia
Scottie Resources Details Interceptions at Blueberry Contact Zone in British Columbia
Nov 2, 2024
08:44 AM EDT, 10/24/2024 (MT Newswires) -- Scottie Resources ( SCTSF ) reported Thursday new assays on the Scottie gold project in British Columbia's Golden Triangle. Highlights include 8.78 grams per tonne (g/t) gold over 9.00 meters and 12.2 g/t gold over 3.47 meters at the Blueberry contact zone. Initial results from this season's 10,000-meter program continue to expand our...
Oil Moves Higher Early as Rising Risks Offset Higher Supply
Oil Moves Higher Early as Rising Risks Offset Higher Supply
Nov 2, 2024
08:42 AM EDT, 10/24/2024 (MT Newswires) -- Oil rose early on Thursday following yesterday's decline, settling into a tight range as rising U.S. inventories and robust supply are offset by violence in the Middle East and an uncertain outcome for the U.S. presidential election. West Texas Intermediate crude oil for December delivery climbed US$0.47 to US$71.24 per barrel, while December...
Copyright 2023-2026 - www.financetom.com All Rights Reserved