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Old Republic International Corp. authorizes share repurchase program.
Old Republic International Corp. has authorized a $1.1bn share repurchase program, with Old Republic set to purchase shares on a discretionary basis from time to time through open market purchases, privately negotiated transactions, or other means.
The company also announced a quarterly cash dividend of 26.5 cents per share to be paid on March 21 to shareholders of record as of March 11.
This share repurchase program and dividend increase are expected to enhance shareholder value.
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Old Republic International Corp. autoriza programa de recompra de acciones.