Company Announcements

With new authorization, Radian has total share repurchase authority of approximately $863 million

WAYNE, Pa.--(BUSINESS WIRE)--May 21, 2025-- Radian Group Inc. (NYSE: RDN) announced its Board of Directors has approved a new $750millionshare repurchase program of its common stock. This new authorization expires on December 31, 2027, and brings the Company’s total outstanding repurchase authority to approximately $863 million, with approximately $113 million remaining under the existing share repurchase program as of May 20, 2025.

“Our new share repurchase program reflects confidence in Radian’s strong financial position and capital flexibility,” said Chief Executive Officer Rick Thornberry. “We believe we are well positioned to return capital to Radian’s stockholders, while continuing to create value through our growth initiatives, delivering innovative products and providing best-in-class service to our customers.”

This new authorization will allow Radian the flexibility to repurchase up to an additional $750 million of shares based on market and business conditions, stock price and other factors, through privately negotiated, open market or other transactions (including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended).

“Since 2020, we have repurchased 74 million shares for a total cost of approximately $1.8 billion, representing more than 36% of our shares outstanding as of January 1, 2020, demonstrating our confidence in the business and our ongoing commitment to enhancing shareholder value,” said President and Chief Financial Officer, Sumita Pandit.

The company’s Board of Directors also approved a regular quarterly dividend on its common stock in the amount of $0.255 per share, payable June 17, 2025, to stockholders of record as of June 2, 2025.

About Radian

Radian is a catalyst for homeownership that transforms risk into opportunity through services and technologies that empower housing and capital market participants to act with confidence. The Radian family of companies is shaping the future of mortgage and real estate services through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. Visit radian.com to see how we’re creating possibilities for a place to call home.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250521938062/en/

For Investors:
Dan Kobell - Phone: 215.231.1113
email: daniel.kobell@radian.com

For the Media:
Rashi Iyer - Phone: 215.231.1167
email: rashi.iyer@radian.com

Source: Radian Group Inc.