- Since 2013, when AGO started its capital management strategy of repurchasing common shares, through 2-24-22, the company has repurchased nearly 134MM shares, or approximately 69% of shares outstanding.
- The cumulative effect of these repurchases was a benefit of over $37 in adjusted operating shareholders’ equity per share, and $65 in adjusted book value per share.
- With the expected finalization of GO, PBA, CCDA and PRIFA settlements on March 15th, 2022, total BIG should decline by approximately $1.4 billion, or roughly .6% of net par outstanding.
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Puerto Rico's Debt Restructuring Nears Its End And Assured Guaranty Is Poised For Big Things