Old Republic declares $0.265 quarterly dividend (8.2% increase) and authorizes $1.1B share repurchase

OLD REPUBLIC INTERNATIONAL CORP

Regular quarterly dividend of $0.265/share payable March 21, 2024 to holders of record March 11, 2024.
Annualized rate of $1.06/share, up 8.2% from $0.98 in 2023; 43rd consecutive annual increase.
Board authorized $1.10 billion share repurchase program, replacing recently completed $450 million program.
Since Dec 31, 2018, company has returned over $3.5 billion to shareholders via dividends and repurchases.
Buyback has no expiration date; timing and amount depend on valuation and market conditions.

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