Delphi Financial Group Inc: Key Developments
Delphi Financial Group, Inc. Declares Regular $0.10 Per Share Cash Dividend November 5, 2009 |
| Delphi Financial Group, Inc. announced that its Board of Directors has declared a cash dividend of $0.10 per share on the Company's common stock for the fourth quarter of 2009. Such dividend will be payable on December 2, 2009 to shareholders of record at the close of business on November 18, 2009. |
Delphi Financial Group, Inc. Reaffirms FY 2009 EPS Guidance-Conference Call October 28, 2009 |
| Delphi Financial Group, Inc. announced that at the beginning of fiscal 2009, it gave operating earnings per share (EPS) guidance in the range of $3.20 to $3.50, which the Company believes is a reasonable target given the uncertainly in the economy and credit markets at the time. |
Delphi Financial Group, Inc. Announces Exercise of Underwriter`s Option and Completion of Public Offering August 24, 2009 |
| Delphi Financial Group, Inc. announced that Barclays Capital Inc., the underwriter of the Company`s previously announced registered public offering of 3,000,000 shares of its Class A common stock, has exercised its option to purchase an additional 450,000 shares. The Company also announced that the offering has closed and that the net proceeds to the Company, taking into account the underwriter`s option exercise, were approximately $69.9 million, which are expected to be used for general corporate purposes. Barclays Capital Inc. was the sole book-running manager of the offering. |
Delphi Financial Group, Inc. Prices Public Offering of Common Stock August 18, 2009 |
| Delphi Financial Group, Inc. announced that it has priced its previously announced public offering of 3,000,000 shares of its Class A common stock at $21.00 per share to the public. Delphi has granted the underwriter a 30 day option to purchase up to 450,000 additional shares of Class A common stock from Delphi if the underwriter sells more than 3,000,000 shares of Delphi's Class A common stock in the offering. The offering is expected to settle and close on August 21, 2009. Net proceeds from the offering are expected to be used for general corporate purposes. Barclays Capital Inc. is the sole book running manager of the offering. |
Delphi Financial Group, Inc. Announces Public Offering of 3,000,000 Shares of Common Stock August 17, 2009 |
| Delphi Financial Group, Inc. announced a registered underwritten public offering of 3,000,000 shares of its Class A common stock. Delphi will grant the underwriter a 30-day option to purchase up to 450,000 additional shares of Class A common stock from the Company if the underwriter sells more than 3,000,000 shares of Delphi`s Class A common stock in the offering. Net proceeds from the offering are expected to be used for general corporate purposes. Barclays Capital Inc. is the sole book-running manager of the offering. |
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