Enact Holdings (ACT) Announces $100M Share Buyback

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Enact Announces New $100 Million Share Repurchase Program

August 1, 2023 4:15 PM EDT

RALEIGH, N.C. , Aug. 01, 2023 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) (Enact) announced its Board of Directors has approved a new share repurchase program with authorization to purchase up to $100 million of its common stock. This new authorization is in addition to the companys current $75 million share repurchase program announced in November 2022, under which the Company repurchased approximately $71 million of shares of Enact common stock to date.

We are pleased that the Board has made the decision to expand our share repurchase program based on the... More