Cannae Holdings, Inc. Completes Buyback of its Shares Held by Fidelity National Financial, Inc.

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Jun 28, 2022

Cannae Holdings, Inc. (NYSE:CNNE, Financial) (“Cannae” or the “Company”) today announced that the Company has repurchased 5,775,598 shares of Cannae common stock from Fidelity National Financial, Inc. (“FNF”) at an average price of $18.81 per share through a series of transactions executed at a discount. The repurchase transactions represent FNF’s total equity ownership in Cannae which FNF received in connection with the split-off of Fidelity National Financial Ventures, Cannae’s predecessor, in 2017.