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Old Republic (ORI) Declares $2 Special Dividend & Boosts Shareholder Value with $174M Buyback
Old Republic International Corporation (NYSE: ORI) announced a $2.00 special cash dividend per share, payable on January 15, 2025, to shareholders of record as of January 3, 2025. This payout, totaling approximately $500 million, highlights ORI's dedication to rewarding investors. Additionally, the company repurchased $174 million under its $1.1 billion share buyback program, with $240 million still available to enhance shareholder value.
Since 2019, Old Republic has returned over $4 billion to shareholders via dividends and repurchases. The annual cash dividend has also increased to $1.06 per share, marking an 8.2% rise from 2023, with 43 consecutive years of dividend growth and 83 years of uninterrupted payments.
Old Republic’s focus on financial strength, operational efficiency, and consistent returns makes it an appealing choice for income-focused investors. Stay informed on ORI's dividends, share buybacks, and growth strategies for long-term value. Subscribe for the latest updates on dividend-paying stocks!
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