secwatch.observer — SEC 8-K summary
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Issuer:     OLD REPUBLIC INTERNATIONAL CORP (ORI)
CIK:        0000074260
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0000074260-24-000142
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74260/000007426024000142/0000074260-24-000142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74260/000007426024000142/ori-20241213.htm
  HTML page:      https://secwatch.observer/filing/0000074260-24-000142

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