Markel Group announces redemption of Series A Preferred Shares

Group 1 - Markel Group Inc. will redeem all outstanding Series A 6.000% Fixed-Rate Reset Non-Cumulative Preferred Shares for cash at a price of $1,000 per share effective June 1, 2025, with the actual processing on June 2, 2025 [1] - There are currently 600,000 Series A Preferred Shares outstanding, with an aggregate liquidation preference of $600.0 million [1] - A regular semi-annual dividend of $30.00 per share will be paid on June 2, 2025, to holders of record as of May 17, 2025, separate from the redemption price [2] Group 2 - Markel Group Inc. operates a diverse family of companies, including insurance, bakery equipment, building supplies, and houseplants, with a core specialty insurance business [3] - The company emphasizes sound underwriting and has built a system of businesses and investments that enhance its durability and adaptability [3] - This system provides diverse income streams and access to a wide range of investment opportunities, enabling efficient capital movement across the company [3]