Progressive announces common share dividend and share repurchase authorization

Mayfield village, ohio, may 10, 2021 (globe newswire) -- on may 7, 2021, the board of directors of the progressive corporation (nyse:pgr) declared a $0.10 per common share quarterly dividend, payable july 15, 2021, to shareholders of record at the close of business on july 7, 2021 (ex-dividend date of july 6, 2021). the board also renewed the company's authorization to repurchase up to 25 million of its common shares. this authorization, which does not have an expiration date, replaced the prior authorization, which was terminated.
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