Old Republic International Announces $2.50 Special Dividend Reflecting Strong Financial Performance

Old Republic International Declares Special Dividend Amid Strong Performance

Old Republic International Corporation announces a special cash dividend of $2.50 per share, amounting to approximately $620 million, reflecting the company’s robust financial health and commitment to returning value to shareholders. The dividend is scheduled for payment on January 14, 2026, to those recorded as shareholders by January 2, 2026. Craig R. Smiddy, the company’s President and CEO, attributes this significant distribution to the excess capital generated by the company’s strong performance over recent years. This move not only signals the company’s financial stability but also underscores its proactive approach in managing shareholder returns.

The issuance of the special dividend is part of a broader strategy by Old Republic to maintain shareholder value while pursuing profitable growth. The company has returned over $5 billion to shareholders in the past five years, and significantly reduced its shares outstanding by more than 20%. This strategic capital management indicates that Old Republic is not only focused on immediate shareholder satisfaction but also on sustaining long-term growth and financial strength. The Board's decision reflects a careful consideration of the company’s current liquidity and anticipated capital requirements, ensuring that it can continue to invest in its future while rewarding its investors.

Alongside the dividend declaration, Old Republic reveals ongoing initiatives to enhance its market position. The company reports a share repurchase of $47 million in the fourth quarter, with an impressive $864 million still authorized for future buybacks. This dual approach of returning capital to shareholders through dividends and share repurchases illustrates Old Republic's balanced strategy in capital allocation. The company is also pursuing strategic acquisitions, such as the pending purchase of ECM, which aligns with its goal of expanding into new specialty markets and leveraging technology investments to improve operational efficiency.

In addition to its commitment to shareholder returns, Old Republic International emphasizes its focus on organic growth and strategic investments. As a leading specialty insurer, the company provides diverse property, casualty, and title insurance services across the United States and Canada. Its specialized operating companies utilize their expertise to deliver customized solutions, reinforcing Old Republic's competitive advantage in underwriting and risk management. Through these initiatives, Old Republic continues to position itself as a formidable player in the insurance industry. For more information, stakeholders can visit the company’s official website at www.oldrepublic.com.