Cannae Holdings, Inc. Announces Three Year, 10 Million Share Repurchase Program

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Aug 05, 2022

Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) today announced that its Board of Directors has authorized a three-year stock repurchase program, effective August 3, 2022, under which the Company may repurchase up to 10 million shares of its common stock. Purchases may be made from time to time in the open market at prevailing prices or in privately negotiated transactions through August 3, 2025. The repurchase program does not obligate the Company to acquire any specific number of shares and may be suspended or terminated at any time. In combination with the remaining authorization under the Company’s previous repurchase program, Cannae now has authority to repurchase 12.7 million shares of its common stock.