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Radian Group Inc., also called Radian, is a insurance holding company, which engages in the provision of private mortgage insurance, risk management products, and real estate services to financial institutions. It operates through the Mortgage Insurance and Services business segment. Read More The Mortgage Insurance segment provides credit-related insurance coverage to mortgage lending institutions nationwide. The Services segment offers services to market participants across the mortgage and real estate value chain. The company was founded in 1991 and is headquartered in Philadelphia, PA.
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Radian Group (RDN) Expands Share Repurchase Authorization
The board of directors of Radian Group Inc. RDN has approved a share buyback program, which takes the total authorization to $250 million. The company may buy back the shares through Jul 31, 2020. The latest approval of $150 million is in addition to the company’s existing share repurchase, taking the total authorization to $250 million from 100 million. On Aug 16, 2018, the board of directors had approved a share buyback program under which the company could repurchase up to $100 million shares by Ju...
Associated PressMar 20
Radian Announces Addition of Two New Directors, Retirement of One Director and Expansion of Share Repurchase Authorization
1 of 2 Dave Stevens (Photo: Business Wire) PHILADELPHIA--(BUSINESS WIRE)--Mar 20, 2019--Radian Group Inc. (NYSE: RDN) announced today the addition of two new members to its Board of Directors and the future retirement of one director upon completion of his current term. The company also announced the Board’s authorization to expand its existing share repurchase program from $100 million to $250 million. This press release features multimedia. View the full release here: https://www.businesswire.com/news/h...
Markets InsiderMar 20
Radian Adds Two New Directors, Expands Share Repurchase Authorization
(RTTNews) - Radian Group Inc. (RDN) announced the addition of two new members to its Board of Directors and the future retirement of one director upon completion of his current term. Debra Hess, former CFO of NorthStar Asset Management Group and NorthStar Realty Finance Corp., and David Stevens, former president and CEO of the Mortgage Bankers Association, have joined the company's Board. Radian also announced that Stephen Hopkins, a director of Radian since 1999, intends to retire from the Board following ...
Expected Apr 25, Pre-Market