other material
confidence high
sentiment positive
materiality 0.55
Cannae Holdings updates buyback: 8.4M shares remain, citing 44% discount to NAV
Cannae Holdings, Inc.
- Remaining authority to repurchase 8.4M shares (11% of outstanding) under 2022 repurchase program.
- Shares trade at 44% discount to Net Asset Value per share; sufficient liquidity to complete buyback.
- Repurchase program runs through August 3, 2025; purchases may be in open market or private transactions.