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08/09/2017
Radian Declares Regular Quarterly Dividend on Common Stock and Renews Share Repurchase Authorization
In addition, the Board of Directors has renewed its 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 share repurchase program expired on
The authorization provides Radian the flexibility to repurchase shares
opportunistically from time to time and spend up to
ABOUT RADIAN
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Mortgage Insurance , through its principal mortgage insurance subsidiaryRadian Guaranty Inc. This private mortgage insurance protects lenders from default-related losses, facilitates the sale of low-downpayment mortgages in the secondary market and enables homebuyers to purchase homes more quickly with downpayments less than 20%.
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Mortgage and Real Estate Services, through its principal services
subsidiary Clayton, as well as
Green River Capital ,Red Bell Real Estate and ValuAmerica. These solutions include information and services that financial institutions, investors and government entities use to evaluate, acquire, securitize, service and monitor loans and asset-backed securities.
Additional information may be found at www.radian.com.
FORWARD-LOOKING STATEMENTS
All statements in this press release that address events, developments or results that we expect or anticipate may occur in the future are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Exchange Act and the U.S. Private Securities Litigation Reform Act of 1995. In most cases, forward-looking statements may be identified by words such as “anticipate,” “may,” “will,” “could,” “should,” “would,” “expect,” “intend,” “plan,” “goal,” “contemplate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “seek,” “strategy,” “future,” “likely” or the negative or other variations on these words and other similar expressions. These statements, which may include, without limitation, projections regarding our future performance and financial condition, are made on the basis of management’s current views and assumptions with respect to future events. Any forward-looking statement is not a guarantee of future performance and actual results could differ materially from those contained in the forward-looking statement. These statements speak only as of the date they were made, and we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. We operate in a changing environment where new risks emerge from time to time and it is not possible for us to predict all risks that may affect us. The forward-looking statements, as well as our prospects as a whole, are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks and uncertainties include, without limitation, changes in general economic and market conditions and factors that may affect the Company’s ability and willingness to repurchase shares under the proposed repurchase program and the possibility that the program may be suspended or terminated.
For more information regarding these risks and uncertainties as well as
certain additional risks that we face, you should refer to the Risk
Factors detailed in Item 1A of our Annual Report on Form 10-K for the
year ended
View source version on businesswire.com: http://www.businesswire.com/news/home/20170809006119/en/
Source:
Radian Group Inc.
Emily Riley, 215-231-1035
emily.riley@radian.com