Assurant Inc. (AIZ) announced that its Board authorized a repurchase program for up to $700 million of the company's outstanding common stock. The $700 million share repurchase authorization is in addition to the company's current authorization, of which approximately $141 million remained unused as of October 31, 2025.
In addition, the company declared a quarterly dividend increase of $0.08 to $0.88 per share of common stock. The dividend will be payable on December 29, 2025 to stockholders of record as of the close of business on December 1, 2025.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.