FMP
Aug 7, 2025 5:00 PM - Danny Green
Image credit: Google Images
Kemper Corporation (NYSE:KMPR) is a well-established insurance company that provides a range of services, including property and casualty insurance, life and health insurance, and other financial services. The company competes with other major insurers in the industry, striving to offer competitive products and services to its customers.
On August 7, 2025, Jason N. Gorevic, a director at KMPR, purchased 2,000 shares of the company's common stock at $49.14 each. This transaction increased his total ownership to 22,072 shares. This move by a company insider can often signal confidence in the company's future prospects.
Kemper has recently announced a significant share repurchase authorization of up to $500 million. This allows the company to buy back its own shares, potentially increasing the value of remaining shares. The repurchase will be conducted based on market conditions and other factors, as highlighted by Business Wire.
In addition to the share repurchase, Kemper's Board of Directors has declared a quarterly dividend of $0.32 per share, payable in September. Dividends are a way for companies to distribute profits to shareholders, and this announcement reflects Kemper's commitment to returning value to its investors.
Currently, KMPR's stock is priced at $50.36, showing a 4.02% increase today. The stock has fluctuated between $48.50 and $50.46 during the trading day. Over the past year, it has seen a high of $73.01 and a low of $45.02. With a market capitalization of approximately $3.16 billion and a trading volume of 1,158,435 shares, Kemper remains a significant player in the insurance industry.
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