Old Republic International Declares $2.50 Special Dividend Amid Strong Financial Performance

Old Republic International Declares Special Dividend Amid Strong Financial Performance

Old Republic International Corporation announces a special cash dividend of $2.50 per share, amounting to approximately $620 million, a move that underscores the company's robust financial health and commitment to returning value to its shareholders. This dividend is set to be payable on January 14, 2026, to shareholders on record as of January 2, 2026. Craig R. Smiddy, the President and CEO, attributes this decision to the company's significant capital generation and strong operational performance. He emphasizes that the dividend reflects both the current liquidity and anticipated capital needs of Old Republic, marking a strategic financial decision amidst the ongoing share repurchase program.

Over the past five years, Old Republic has returned more than $5 billion to shareholders, exemplifying its dedication to enhancing shareholder value. The company has successfully reduced its shares outstanding by over 20%, further highlighting its proactive approach in managing capital returns. The recent repurchase of $47 million worth of shares in the fourth quarter adds to the $864 million still authorized for future repurchases, signaling continued confidence in the company's underlying business model and growth trajectory.

Old Republic International operates as a leading specialty insurer, offering a range of property and casualty and title insurance services across the United States and Canada. Founded in 1923 and listed among the Fortune 500, the company focuses on profitable organic growth, strategic acquisitions, and technology investments. The pending acquisition of ECM exemplifies Old Republic's strategy to enhance its service offerings and expand its market presence. By leveraging its specialized operating companies' expertise in underwriting and risk management, Old Republic is well-positioned to deliver tailored solutions, thus reinforcing its competitive edge in the insurance industry.

In summary, Old Republic International's announcement of a special dividend not only reflects its strong financial footing but also demonstrates the company's commitment to shareholder returns. With ongoing share repurchase initiatives and strategic growth plans, Old Republic is poised to maintain its competitive advantage in the specialty insurance market.

For further information, stakeholders can visit Old Republic's official website at www.oldrepublic.com.