other material
confidence high
sentiment positive
materiality 0.70
CNO Financial adds $500M buyback authorization and raises quarterly dividend to $0.15
CNO Financial Group, Inc.
- Board approved $500M expansion of share repurchase program; prior remaining capacity was ~$172M as of Mar 31, 2023.
- Quarterly dividend increased by $0.01 to $0.15 per share, the 11th consecutive annual increase.
- Dividend payable on June 23, 2023 to holders of record on June 9, 2023.
- Repurchases may be executed via open market, private transactions, or tender offer depending on market conditions.