MGIC Investment Corp. (MTG)

[tommiegun54]

PMIERS CAP. EXCESS JUMPS TO $1.4 B IL, MGIC BUYSBACK 16 MIL. SHARES


"During 2018, we repurchased approximately 16.0 million shares of our common stock at an average cost per share of $10.95, for a total cost of approximately $175 million. Our authorized share repurchase program had approximately $25 million remaining as of December 31, 2018.
Preliminary Consolidated Risk-to-Capital was 9.8:1 as of December 31, 2018, compared to 10.5:1 as of December 31, 2017.
MGIC's PMIERs Available Assets totaled $4.8 billion, or $1.4 billion above its Minimum Required Assets as of December 31, 2018."
PMIERS EXCESS CAPITAL WAS $1 BILLION AT SEPTEMBER 30, 2018 QUARTER.