Enact (US:ACT)2026-02-03 21:22Share Ownership and Repurchase Program - Genworth owns 114,588,830 shares of Enact Holdings, representing approximately 81% of the outstanding shares[4] - Enact Holdings has authorized a share repurchase program with a total purchase price of up to $500 million[4] - The repurchase of shares from Genworth will occur in proportion to market repurchases made by Enact Holdings[4] - The repurchase shares will be calculated based on a multiplier of 4.3 relative to shares owned by other stockholders[11] - Enact Holdings will notify Genworth of any market repurchases within one business day, including the number of shares purchased and the total purchase price[8] - The repurchase price per share will be based on the weighted average price paid during the settlement period, excluding broker fees[12] - The agreement will automatically terminate upon the completion of the $500 million repurchase program or by mutual consent[27] - No market repurchases will occur during the last two business days of any quarter[9] - The settlement of repurchased shares will take place electronically on the settlement date[16] - The agreement is governed by the laws of the State of Delaware[36]