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Note 14 - Capital Stock (Notes)
9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block] Capital Stock
Share Repurchase Program
On August 9, 2017, Radian Group’s board of directors authorized the Company to repurchase up to $50 million of its common stock in the open market or in privately negotiated transactions, based on market and business conditions, stock price and other factors. Pursuant to a trading plan under Rule 10b5-1 of the Exchange Act, the Company purchased 3,022,856 shares in the first half of 2018 at an average price of $16.56 per share, including commissions. This share repurchase program was fully utilized and expired on July 31, 2018.
On August 16, 2018, Radian Group’s board of directors approved a new share repurchase program that authorizes the Company to repurchase up to $100 million of its common stock in the open market or in privately negotiated transactions, based on market and business conditions, stock price and other factors. As of September 30, 2018, the full purchase authority of up to $100 million remained available under this program, which expires on July 31, 2019.
Other Purchases
We may purchase shares on the open market to settle stock options exercised by employees and purchases under our Employee Stock Purchase Plan. In addition, upon the vesting of certain restricted stock awards or the auto-exercise of certain expiring stock options under our equity compensation plans, we may withhold from such vested or auto-exercised awards shares of our common stock to satisfy the tax liability and the stock option cost of the award recipients, as applicable.
Dividends Paid
In each of the quarters during 2018 and 2017, we declared quarterly cash dividends on our common stock equal to $0.0025 per share.