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Radian OKs Buyback

It will repurchase up to 4 million shares.

Radian Group


, a global credit risk management company, said its board approved the repurchase of about 4 million shares. The share repurchase will be funded from available working capital.

The company has about 83 million shares outstanding.

Radian stock closed Wednesday at $55.66, down 37 cents.

This story was created through a joint venture between and IRIS.