Primerica Inc.'s board has approved the repurchase of up to $275 million of common shares through June 30, 2019.
This includes $50 million from the previous share repurchase program. The company plans to repurchase approximately $200 million of common shares in 2018.
The board has also authorized quarterly dividends of 25 cents per common share, a 25% increase from the previous payout.
The dividends are payable March 16 to shareholders of record as of Feb. 15.
