Company: PRI
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029882
Chunk: 408

Company: Primerica, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 5
Chunk 408
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Market Information 

Our common stock is listed for trading on the New York Stock Exchange (“NYSE”) under the symbol “PRI.” 

Holders

As of January 31, 2025, we had 319 holders of record of our common stock. 

Dividends

In the first quarter of 2025, we declared a quarterly dividend to stockholders of $1.04 per share. We currently expect to continue to pay comparable quarterly cash dividends to holders of our common stock. Our payment of cash dividends is at the discretion of our Board of Directors in accordance with applicable law after taking into account various factors, including our financial condition, operating results, current and anticipated cash needs and plans for growth. Under Delaware law, we can only pay dividends either out of surplus or out of the current or the immediately preceding year’s earnings. Therefore, no assurance is given that we will continue to pay any dividends to our common stockholders, or as to the amount of any such dividends.

Issuer Purchases of Equity Securities

Depending on market conditions, shares of our common stock may be repurchased from time to time at prevailing market prices through open market or privately negotiated transactions. 

The Parent Company has no obligation to repurchase any shares. Subject to applicable corporate and securities laws, repurchases may be made at such times and in such amounts as management deems appropriate. Repurchases under a publicly announced program can be discontinued at any time if management believes additional repurchases are not warranted. 

During the quarter ended December 31, 2024, we repurchased shares of our common stock as follows:

    Period
     
    Total number of shares purchased (1)

    Average price paid per share (1)

    Total number of shares purchased as part of publicly announced plans or programs (2)

    Approximate dollar value of shares that may yet be purchased under the plans or programs (2)(3)

    October 1 - 31, 2024

    157,699

    $
    274.60

    154,651

    $
    1,890,837

    November 1 - 30, 2024

    6,914

    277.85

    6,804

    450,000,000

    December 1 - 31, 2024

    1,575

    301.18

    -

    450,000,000

         Total

    166,188

    $