Fidelity National Financial, Inc. Buyback
OLI recorded this information on 8/3/2021
Company:
Fidelity National Financial, Inc.
Buyback:
FNF buyback
Share Amount Authorized:
25,000,000
Buyback Details:
Fidelity National Financial, Inc. (NYSE:FNF) ("FNF" or the "Company") today announced that its Board of Directors has approved a new three-year stock repurchase program, effective August 3, 2021, under which the Company may repurchase up to 25 million shares of FNF common stock. Purchases may be made from time to time by the Company in the open market at prevailing market prices or in privately negotiated transactions through July 31, 2024. Under its previous three-year repurchase program, which expired on July 31, 2021, the company repurchased a total of 17.4 million shares of common stock.
Fidelity National Financial is a holding company. Through its subsidiaries, Co. is a provider of title insurance, escrow and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances and home warranty products and transaction services to the real estate and mortgage industries. Through its subsidiary, ServiceLink Holdings, LLC, Co. provides mortgage transaction services including title-related services and facilitation of production and management of mortgage loans. Co. is also a provider of insurance solutions serving retail annuity and life customers and institutional clients through its subsidiary, F&G Annuities & Life, Inc.
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Avg. Broker Rec.
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Buy (3.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: FNF Stock Forecast Based on Zacks ABR data; powered by Xignite |
