Home > Boards > US Listed > Insurance > Old Republic International Co (ORI)

Good news - Old Republic Announces Stock Purchase

Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
FUNMAN Member Profile
Member Level 
Followed By 85
Posts 21,198
Boards Moderated 10
Alias Born 08/03/10
160x600 placeholder
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 7/9/2020 9:20:41 AM
Old Republic International Announces Second Quarter 2020 Conference Call PR Newswire (US) - 7/9/2020 9:00:00 AM
Annual Report of Employee Stock Plans (11-k) Edgar (US Regulatory) - 6/30/2020 11:52:35 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/17/2020 11:59:31 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/11/2020 3:17:06 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/11/2020 9:19:18 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/8/2020 9:24:34 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 6/5/2020 9:08:57 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 5/26/2020 2:51:16 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/26/2020 10:27:29 AM
AM Best Affirms Credit Ratings of Subsidiaries of Old Republic International Corporation Business Wire - 5/21/2020 3:35:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2020 3:33:09 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2020 10:53:26 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/14/2020 10:21:13 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/13/2020 3:42:16 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/13/2020 3:40:40 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 5/8/2020 10:27:37 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/7/2020 1:03:08 PM
Old Republic Declares Regular Second Quarter Cash Dividend Of 21 Cents Per Share PR Newswire (US) - 5/7/2020 12:15:00 PM
Form 13f Holdings Report (13f-hr) Edgar (US Regulatory) - 5/7/2020 6:01:31 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2020 4:10:10 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2020 4:08:00 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2020 4:01:53 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/6/2020 4:00:36 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 5/4/2020 1:31:05 PM
FUNMAN Member Level  Thursday, 03/12/20 10:01:27 PM
Re: dividendpig post# 38
Post # of 40 
Good news - Old Republic Announces Stock Purchase By Its ESSOP
Thu March 12, 2020 1:00 PM|PR Newswire|About: ORI


https://seekingalpha.com/pr/17808051-old-republic-announces-stock-purchase-essop

CHICAGO, March 12, 2020 /PRNewswire/ -- Old Republic International Corporation (ORI) today reported that its Employees Savings & Stock Ownership Plan ("ESSOP") planned to acquire up to 3,000,000 Old Republic common shares in open-market purchases, as market conditions may warrant. As of December 31, 2019 the ESSOP held approximately 15.3 million ORI common shares or approximately 5.1% of all shares then outstanding. Assuming all 3.0 million shares are ultimately acquired, the ESSOP would own approximately 18.3 million ORI common shares or approximately 6.1% of all currently outstanding common shares.

About Old Republic

Chicago-based Old Republic International Corporation is one of the nation's 50 largest publicly held insurance enterprises. It is a member of the Fortune 500 listing of America's largest companies. The Company is organized as an insurance holding company whose subsidiaries actively market, underwrite, and provide risk management services for a wide variety of coverages mostly in the general and title insurance fields. A long-term interest in mortgage guaranty and consumer credit indemnity coverages has devolved to a run-off operating mode since 2012. Old Republic's general insurance business ranks among the nation's 50 largest, while its title insurance operations are the third largest in its industry.

The nature of Old Republic's business requires that it be managed for the long run, and its cash dividend policy reflects that long-term orientation. The current annualized dividend rate of $0.84 per share marks the 39th consecutive year that Old Republic has boosted this rate, and 2020 becomes the 79th year of uninterrupted regular cash dividend payments. Here's a summary of recent years' total book and market returns, which includes the addition and reinvestment of cash dividend payments, in comparison with the financial performance of three selected indices similarly developed.


Public Reply | Private Reply | Keep | Last ReadPost New MsgPrevious | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist