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Enact Holdings announces increased capital return and cost reduction ahead of Q3 earnings release

Earnings Whispers · ·by G4L

ACT
ACT Enact Holdings Inc
$46.20 -1.09%
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  1. 1Enact Holdings stated it will return more capital to investors and reduce business operating costs.
  2. 2Management raised the 2026 capital return target to $550 million–$600 million.
  3. 3Revenue is projected to reach the Wall Street estimate of $317.9 million.

So what's the key point?

Enact Holdings announced it will return more money to shareholders and save on operating costs. By raising its 2026 capital return target to up to $600 million, the company plans to provide more profits to investors.

Source Earnings Whispers · View original ↗

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