Progressive Announces Common Share Dividend and Share Repurchase Authorization
May 10 2021 - 4:00PM
On May 7, 2021, the Board of Directors of The Progressive
Corporation (NYSE:PGR) declared a $0.10 per common share quarterly
dividend, payable July 15, 2021, to shareholders of record at the
close of business on July 7, 2021 (ex-dividend date of July 6,
2021). The Board also renewed the Company's authorization to
repurchase up to 25 million of its common shares. This
authorization, which does not have an expiration date, replaced the
prior authorization, which was terminated.
About ProgressiveThe Progressive Group of
Insurance Companies makes it easy to understand, buy and
use auto
insurance. Progressive offers choices so
consumers can reach us whenever, wherever and however it’s most
convenient - online at progressive.com, by phone
at 1-800-PROGRESSIVE, on a mobile device or in-person with a
local agent.
Progressive provides insurance for personal and commercial
autos and trucks, motorcycles, boats, recreational vehicles, and
homes; it is the third largest auto insurer in the country, a
leading seller of motorcycle and commercial auto
insurance, and one of the top 15 homeowners insurance
carriers.
Founded in 1937, Progressive continues its long history of
offering shopping tools and services that save customers time and
money, like Name Your Price®, Snapshot®, and HomeQuote
Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield
Village, Ohio-based holding company, trade publicly at
NYSE:PGR.
Company Contact:Douglas S. Constantine(440)
910-3563
The Progressive Corporation6300 Wilson Mills RoadMayfield
Village, Ohio 44143http://www.progressive.com
Progressive (NYSE:PGR)
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