Assured Guaranty Ltd. Declares $0.10 per Share Quarterly Dividend and Restores Share Repurchase Authorization to $200 Million
HAMILTON, Bermuda--(BUSINESS WIRE)-- The Board of Directors of Assured Guaranty Ltd. (the Company) (NYS: AGO) today authorized an additional $115 million of repurchases of the Company's common shares, restoring its current repurchase authorization to approximately $200 million. Since announcing a $200 million share repurchase program on January 18, 2013, the Company has repurchased shares and today's action effectively restores that authorization to substantially the full amount.
The Company also declared a quarterly dividend of $0.10 per common share. The dividend is payable on June 5, 2013 to shareholders of record at the close of business on May 22, 2013.
Assured Guaranty Ltd. is a publicly traded Bermuda-based holding company. Its operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets. More information on Assured Guaranty and its subsidiaries can be found at assuredguaranty.com.
Assured Guaranty Ltd.
Robert Tucker, 212-339-0861
Managing Director, Investor Relations and Corporate Communications
Michael Walker, 212-261-5575
Managing Director, Fixed Income Investor Relations
Ross Aron, 212-261-5509
Vice President, Equity Investor Relations
Ashweeta Durani, 212-408-6042
Vice President, Corporate Communications
KEYWORDS: United States Bermuda North America Canada Caribbean New York
The article Assured Guaranty Ltd. Declares $0.10 per Share Quarterly Dividend and Restores Share Repurchase Authorization to $200 Million originally appeared on Fool.com.
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