Crawford & Co. (CRD-A) Misses Q3 EPS by 6c

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Crawford & Co. (CRD-A) Announces Up to 2M Share Buyback

November 8, 2021 5:00 PM EST

On November 4, 2021, at its regular quarterly meeting, the Board of Directors of Crawford & Company® (NYSE: CRD-A and CRD-B) authorized the Company to undertake a share repurchase program under which it may repurchase up to 2 million shares of its common stock until December 31, 2023. Given our solid revenue growth, progress against our strategy and our current share price, which we believe is trading below intrinsic value, we are pleased with our Boards authorization of a 2 million share repurchase, said Rohit Verma, Crawford chief executive officer.

Under the new repurchase... More