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KMPR
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14 days

Kemper Announces $500 Million Share Repurchase Authorization and Quarterly Dividend

1. Kemper approved a $500 million share repurchase program. 2. A quarterly dividend of $0.32 per share has been declared.

Shares Buyback
-21.26%Current Return
VS
+0.77%S&P 500
$61.4908/05 05:01 PM EDTEvent Start
$48.4208/06 11:35 PM EDTLatest Updated
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FAQ

Why Bullish?

Share buybacks typically signal company confidence and can boost share prices. Historical data shows that similar repurchase programs often result in positive stock performance.

How important is it?

The repurchase program and dividend declaration are significant, positively impacting KMPR's stock value and investor confidence.

Why Short Term?

The immediate effects of share buybacks and dividends can influence investor sentiment quickly, driving stock price upward shortly after the announcement.

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AFLACTRVHIG
CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) announced today that its Board of Directors has approved a new share repurchase authorization, under which the Company can repurchase up to $500 million of its common stock. Repurchases may be made from time to time at the Company's discretion, subject to market conditions and other factors. In addition, Kemper also announced that its Board of Directors has declared a quarterly dividend of $0.32 per share. The dividend is payable on Sept.

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