Old Republic declares $2.00 special dividend; has returned over $1.7B in last 2.5 years

OLD REPUBLIC INTERNATIONAL CORP

Special cash dividend of $2.00 per share payable Jan 15, 2025, to holders of record Jan 3, 2025; returning ~$500M to shareholders.
In Q4 to date, purchased $174M under $1.1B repurchase authorization; ~$240M remains available.
Over the last 2.5 years, returned over $1.7B to shareholders via repurchases and dividends.
Regular annualized cash dividend of $1.06 per share, up 8.2% from 2023; 43rd consecutive annual increase.
CEO cites strength of balance sheet and confidence in earnings potential of specialty insurance businesses.

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