Kemper announces $150M accelerated share repurchase

* Kemper (NYSE:KMPR [https://seekingalpha.com/symbol/KMPR]) on Wednesday said it has entered into an accelerated share repurchase transaction under an agreement with Goldman Sachs & Co to repurchase $150 million of its outstanding common stock.
* The ASR will be completed under Kemper’s previously announced $550 million share repurchase authorizations.
* Under the ASR agreement, on August 14, 2025, Kemper will pay $150 million to Goldman Sachs and expects to receive an initial delivery of 2,279,203 shares of Kemper common stock, representing a significant majority of the shares of Kemper common stock it expects to repurchase under the ASR agreement.
* The transactions under the ASR agreement are expected to be completed within approximately three months.
* Source: Press Release [https://seekingalpha.com/pr/20200379-kemper-announces-150-million-accelerated-share-repurchase]

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