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The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
CHICAGO, Dec. 13, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a special cash dividend of $2.00 per share. This special dividend is payable on January 15, 2025 to shareholders of record on January 3, 2025 and will return approximately $500 million to shareholders.
In the fourth quarter to date, Old Republic has purchased $174 million under a $1.1 billion share repurchase authorization approved by the Board on February 29, 2024, of which approximately $240 million remains available. Under the share repurchase program, Old Republic may continue to purchase shares on a discretionary basis from time to time through open market purchases, private negotiated transactions or other means.
CHICAGO, Nov. 26, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on December 16, 2024 to shareholders of record on December 6, 2024. That brings the full year's cash dividend to $1.06 per share compared to 98 cents per share paid in 2023, an 8.2% increase.
2024 marks the 43rd consecutive year that Old Republic has increased its regular cash dividend and the 83rd year of uninterrupted regular cash dividend payments.
CHICAGO, Oct. 24, 2024 /PRNewswire/ --
OVERALL RESULTS
Quarters Ended September 30,
Nine Months Ended September 30,
2024
2023
% Change
2024
2023
% Change
Pretax income
$ 426.9
$ 63.9
$ 939.0
$ 510.0
Pretax investment gains (losses)
197.7
(186.9)
224.3
(191.1)
Pretax income excluding investment gains (losses)
$ 229.2
$ 250.8
(8.6) %
$ 714.7
$ 701.2
1.9 %
Net income
$ 338.9
$ 52.6
$ 747.6
$ 408.0
Net of tax investment gains (losses)
156.1
(147.6)
177.6
(151.0)
Net income excluding investment gains (losses)
$ 182.7
$ 200.2
(8.7) %
$ 570.0
$ 559.0
2.0 %
Combined ratio
95.0 %
91.9 %
94.3 %
92.4 %
PER DILUTED SHARE
Quarters Ended September 30,
Nine Months Ended September 30,
2024
2023
% Change
2024
2023
% Change
Net income
$ 1.32
$ 0.19
$ 2.81
$ 1.42
Net of tax investment gains (losses)
0.61
(0.53)
0.67
(0.53)
Net income excluding investment gains (losses)
$ 0.71
$ 0.72
(1.4) %
$ 2.14
$ 1.95
9.7 %
SHAREHOLDERS' EQUITY (BOOK VALUE)
Sep. 30,
Dec. 31,
2024
2023
% Change
Total
$ 6,445.3
$ 6,410.7
0.5 %
Per Common Share
$ 25.71
$ 23.31
10.3 %
CHICAGO, Oct. 10, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the third quarter of 2024 before the market opens on Thursday, October 24, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 800-715-9871, passcode 4060501.
Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060501, which will be available through October 31, 2024. The replay will also be available on Old Republic's website.
CHICAGO, Aug. 16, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per share. This dividend is payable on September 16, 2024 to shareholders of record on September 6, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to 98 cents per share paid in 2023, an 8.2% increase.
2024 marks the 43rd consecutive year that Old Republic has increased its regular cash dividend and the 83rd year of uninterrupted regular cash dividend payments.
CHICAGO, July 25, 2024 /PRNewswire/ --
OVERALL RESULTS
Quarters Ended June 30,
Six Months Ended June 30,
2024
2023
% Change
2024
2023
% Change
Pretax income
$ 113.3
$ 196.9
$ 512.1
$ 446.1
Pretax investment gains (losses)
(140.5)
(30.4)
26.6
(4.2)
Pretax income excluding investment gains (losses)
$ 253.8
$ 227.3
11.6 %
$ 485.4
$ 450.3
7.8 %
Net income
$ 91.8
$ 155.5
$ 408.6
$ 355.4
Net of tax investment gains (losses)
(110.6)
(24.0)
21.4
(3.3)
Net income excluding investment gains (losses)
$ 202.4
$ 179.6
12.7 %
$ 387.2
$ 358.8
7.9 %
Combined ratio
93.5 %
92.6 %
93.8 %
92.6 %
PER DILUTED SHARE
Quarters Ended June 30,
Six Months Ended June 30,
2024
2023
% Change
2024
2023
% Change
Net income
$ 0.35
$ 0.54
$ 1.51
$ 1.22
Net of tax investment gains (losses)
(0.41)
(0.08)
0.08
(0.01)
Net income excluding investment gains (losses)
$ 0.76
$ 0.62
22.6 %
$ 1.43
$ 1.23
16.3 %
SHAREHOLDERS' EQUITY (BOOK VALUE)
June 30,
Dec. 31,
2024
2023
% Change
Total
$ 6,026.6
$ 6,410.7
(6.0) %
Per Common Share
$ 23.59
$ 23.31
1.2 %
CHICAGO, July 11, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the second quarter of 2024 before the market opens on Thursday, July 25, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 1-888-510-2411, passcode 4060501.
Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060501, which will be available through August 1, 2024. The replay will also be available on Old Republic's website.
CHICAGO, May 17, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) – today announced its Board of Directors has declared a regular quarterly cash dividend of 26.5 cents per common share. This dividend is payable on June 14, 2024 to shareholders of record on June 4, 2024. Subject to Board approval each quarter, the full year's cash dividend will amount to $1.06 per share compared to $0.98 paid in 2023, an 8.2% increase.
2024 marks the 43rd consecutive year that Old Republic has increased its regular cash dividend and the 83rd year of uninterrupted regular cash dividend payments.
CHICAGO, April 25, 2024 /PRNewswire/ --
OVERALL RESULTS
Quarters Ended March 31,
2024
2023
% Change
Pretax income
$ 398.7
$ 249.2
Pretax investment gains
167.1
26.2
Pretax income excluding investment gains
$ 231.5
$ 222.9
3.9 %
Net income
$ 316.7
$ 199.8
Net of tax investment gains
132.0
20.6
Net income excluding investment gains
$ 184.7
$ 179.2
3.1 %
Combined ratio
94.3 %
92.7 %
PER DILUTED SHARE
Quarters Ended March 31,
2024
2023
% Change
Net income
$ 1.15
$ 0.68
Net of tax investment gains
0.48
0.07
Net income excluding investment gains
$ 0.67
$ 0.61
9.8 %
SHAREHOLDERS' EQUITY (BOOK VALUE)
Mar. 31,
Dec. 31,
2024
2023
% Change
Total
$ 6,400.9
$ 6,410.7
(0.2) %
Per Common Share
$ 23.83
$ 23.31
2.2 %
CHICAGO, April 11, 2024 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) — today announced that it will report financial results for the first quarter of 2024 before the market opens on Thursday, April 25, and will hold a conference call at 3:00 p.m. Eastern time to discuss results. The call can be accessed live on Old Republic's website at www.oldrepublic.com or by dialing 1-888-510-2411, passcode 4060501.
Investors may also access a replay of the call by dialing 1-800-770-2030, passcode 4060501, which will be available through May 2, 2024. The replay will also be available on Old Republic's website.
P R O D U C T S U G G E S T I O N S
