Stewart Information Services Corporation Buyback
OLI recorded this information on 11/16/2015
Company:
Stewart Information Services Corporation
Buyback:
STC buyback
$Amount Authorized:
$50,000,000
Buyback Details:
In connection with the dividend increase, the Board has also authorized a new share repurchase program of up to $50 million to be open for the next three years. Under the share repurchase program, Stewart has the ability to purchase shares of its outstanding common stock in both open market and privately negotiated transactions at prices deemed appropriate by the Company. The timing, form and amount of share repurchases under the program will depend on a variety of factors, including market conditions, share price, the Company's capital and liquidity position relative to internal and rating agency targets, legal requirements, including approval of the release of cash from the regulated underwriter by the Company's insurance regulators, corporate considerations, and other factors.
Stewart Information Services is holding company. Through its subsidiaries, Co. is a customer-focused, global title insurance and real estate services company providing products and services through its direct operations, network of agencies and other companies within Co. Co.'s segments include: title insurance and related services, which include the functions of searching, examining, closing and insuring the condition of the title to real property; and ancillary services and corporate, which supports the mortgage industry by providing appraisal management services, online notarization and closing solutions, credit and real estate information services, and search and valuation services.
STC SEC Filing Email Alerts Service
Open the STC Page at The Online Investor »
|
||||||||||||||||||||||||
Open the STC Page at The Online Investor (in a new window) »
 Free STC Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Buy (3.33 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: STC Stock Forecast Based on Zacks ABR data; powered by Xignite |
