Radian Boosts Share Repurchase Authorization From $300M To $900M And Program Extension To June 30, 2026

As of March 31, 2024, approximately 7 million shares for a total cost of $183 million, have been repurchased under this program, which was previously set to expire on January 31, 2025.

This expanded authorization will allow Radian the flexibility to repurchase an additional $600 million of shares based on market and business conditions, stock price and other factors, through privately negotiated, open market or other transactions.

The company's Board of Directors also approved a regular quarterly dividend on its common stock in the amount of $0.245 per share, payable June 20, 2024, to stockholders of record as of June 4, 2024.