Radian Reports Results of 2021 Annual Meeting of Stockholders
12 Mai 2021 - 10:30PM
Business Wire
Radian Group Inc. (NYSE: RDN) announced today that its
stockholders re-elected ten directors, who serve one-year terms and
are elected annually.
In addition to the election of directors, the company’s
stockholders approved all other proposals recommended by the Board
of Directors and presented for vote at Radian’s 2021 Annual
Meeting, including an advisory proposal to approve the compensation
of Radian’s named executive officers, a new equity compensation
plan for Radian and ratification of the appointment of
PricewaterhouseCoopers LLP as the company’s independent auditors
for 2021.
Chief Executive Officer Rick Thornberry addressed the attendees
of Radian’s Annual Meeting by stating, “As a diversified mortgage
and real estate services business, our products and services have
responsibly helped millions of families achieve their dream of
homeownership in a sustainable way for nearly 45 years. As we look
back at last year, it is safe to say that 2020 did not play out as
planned. Despite these challenges, including shifting to a largely
virtual work environment, we were able to write record-breaking
levels of new business in our Mortgage Segment and grow revenues in
our Real Estate Segment.”
Thornberry added, “Our One Radian team has shown an unfaltering
commitment to our customers, our company and to each other as we
have worked together to successfully navigate this challenging
environment. Looking ahead, we are encouraged by the continued
signs of improvement in the overall economy, as well as the
positive momentum in the housing market and the favorable credit
trends within our portfolio.”
As announced earlier this month, the company’s Board of
Directors approved a quarterly dividend of $0.14 per share,
representing an increase of 12 percent from the previous dividend
paid on March 4, 2021. The dividend is payable on June 4, 2021, to
stockholders of record as of May 24, 2021.
About Radian
Radian is ensuring the American dream of homeownership
responsibly and sustainably through products and services that
include industry-leading mortgage insurance and a comprehensive
suite of mortgage, risk, title, valuation, asset management and
other real estate services. We are powered by technology, informed
by data and driven to deliver new and better ways to transact and
manage risk. Visit www.radian.com to learn more about how Radian is
shaping the future of mortgage and real estate services.
Forward-looking Statements
All statements in this press release that address events,
developments or results that we expect or anticipate may occur in
the future are “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, Section 21E of the
Exchange Act and the U.S. Private Securities Litigation Reform Act
of 1995. In most cases, forward-looking statements may be
identified by words such as “anticipate,” “may,” “will,” “could,”
“should,” “would,” “expect,” “intend,” “plan,” “goal,”
“contemplate,” “believe,” “estimate,” “predict,” “project,”
“potential,” “continue,” “seek,” “strategy,” “future,” “likely” or
the negative or other variations on these words and other similar
expressions. These statements, which may include, without
limitation, projections regarding our future performance and
financial condition, are made on the basis of management’s current
views and assumptions with respect to future events. Any
forward-looking statement is not a guarantee of future performance
and actual results could differ materially from those contained in
the forward-looking statement. These statements speak only as of
the date they were made, and we undertake no obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise. We operate in a
changing environment where new risks emerge from time to time and
it is not possible for us to predict all risks that may affect us.
For more information regarding these risks and uncertainties as
well as other additional risks that we face, you should refer to
the Risk Factors detailed in Item 1A in our Quarterly Report on
Form 10-Q for the quarter ended March 31, 2021 and Item 1A in our
Annual Report on Form 10-K for the year ended December 31, 2020,
and subsequent reports filed from time to time with the U.S.
Securities and Exchange Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20210512005987/en/
For Investors John Damian – Phone: 215.231.1383 Email:
john.damian@radian.com
For the Media Rashi Iyer – Phone: 215.231.1167 Email:
rashi.iyer@radian.com
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