secwatch.observer — SEC 8-K summary
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Issuer:     PROGRESSIVE CORP/OH/ (PGR)
CIK:        0000080661
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0000080661-24-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Progressive renews share repurchase authorization for 25M shares; declares $0.10 quarterly dividend
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- Board renewed authorization to repurchase up to 25 million common shares; no expiration date mentioned.
- Quarterly dividend of $0.10 per share declared, payable July 12, 2024, record date July 3, 2024.
- At annual meeting, shareholders elected all 12 director nominees and approved the 2024 Equity Incentive Plan.
- Advisory vote on executive compensation received ~95% support; shareholder DEI proposal rejected overwhelmingly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000022/0000080661-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/80661/000008066124000022/pgr-20240510.htm
  HTML page:      https://secwatch.observer/filing/0000080661-24-000022

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer