Assured Guaranty Ltd. reported a net loss of $55 million, or $0.59 per share, for the first quarter of 2020. Adjusted operating income was $33 million, or $0.36 per share. Total capital returned to shareholders was $136 million, including share repurchases of $116 million.
Net loss attributable to Assured Guaranty Ltd. was $55 million, or $0.59 per share, for first quarter 2020.
Shareholders’ equity attributable to Assured Guaranty Ltd. per share was $69.35 as of March 31, 2020.
Adjusted operating income was $33 million, or $0.36 per share, for first quarter 2020.
Total capital returned to shareholders was $136 million, including share repurchases of $116 million, or 3.6 million shares, in first quarter 2020.
As in the past, the Company's execution of its capital management strategy is contingent upon its available free cash and the capital position of the parent company, market conditions, the maintenance of its strong financial strength ratings and other factors, some of which factors may be impacted by the direct and indirect consequences of the course and duration of the COVID-19 pandemic and evolving governmental and private responses to the pandemic.
Visualization of income flow from segment revenue to net income