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CNNE - Cannae Holdings adopt 10M-share stock buyback program
Cannae Holdings Inc.
Cannae Holdings' (CNNE) board authorizes a three-year, 10M-share stock repurchase program, effective as of Feb. 26, 2021.As of Jan. 30, 2021, CNNE had 91.65M shares of common stock outstanding. So, if CNNE bought back all of the shares allowed in the program now, that would reduce its number of shares outstanding by almost 11%.