Crawford & Company raises quarterly dividend to 7c per share from 6c

On July 28, 2023, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared an increased quarterly dividend from $0.06 per share to $0.07 per share on both the Class A and Class B Common Stock, payable on September 1, 2023, to shareholders of record as of the close of business on August 18, 2023. The Board also authorized the Company to restart its share repurchase program and extend the program’s termination date to December 31, 2024. The Board previously authorized a repurchase program in 2021 and there are 1,793,371 shares remaining to be purchased. Under this repurchase program, repurchases may be made in the open market or privately negotiated transactions, at such times and for such prices as management deems appropriate, subject to applicable regulatory guidelines. The new authorization does not obligate Crawford to acquire any stock, and purchases may be commenced or suspended at any time based on market conditions and other factors that the Company deems appropriate.