secwatch.observer — SEC 8-K summary
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Issuer:     OLD REPUBLIC INTERNATIONAL CORP (ORI)
CIK:        0000074260
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0000074260-24-000024
Event type: dividend
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74260/000007426024000024/0000074260-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74260/000007426024000024/ori-20240301.htm
  HTML page:      https://secwatch.observer/filing/0000074260-24-000024

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