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Sep 30, 2023
Assured Guaranty Q3 2023 Earnings Report
Assured Guaranty reported a net income of $157 million and adjusted operating income of $206 million.
Key Takeaways
Assured Guaranty reported a GAAP net income attributable to Assured Guaranty Ltd. of $157 million, or $2.60 per share, for the third quarter of 2023. Adjusted operating income was $206 million, or $3.42 per share, for the same period. The company completed transactions with Sound Point Capital Management and AHP, resulting in a $241 million pre-tax gain.
Net income attributable to Assured Guaranty Ltd. was $157 million, or $2.60 per share for third quarter 2023.
Adjusted operating income was $206 million, or $3.42 per share, for third quarter 2023.
Capital returned to shareholders in third quarter 2023 was $80 million, including $64 million in share repurchases and $16 million in dividends.
Share repurchase authorization was increased by $300 million on November 1, 2023.
Revenue by Segment
Forward Guidance
Any forward-looking statements made in this press release reflect the Company’s current views with respect to future events and financial performance and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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