Business Context and Reporting Period
This Form 8-K filing by Assurant, Inc. is dated August 2, 2004, with a signature date of August 5, 2004. The report discloses two primary events: the approval of a new share repurchase program on August 2, 2004, and the issuance of financial results for the three and six months ended June 30, 2004, on August 5, 2004.
Key Financial Metrics
The filing text incorporates by reference a press release and statistical supplement containing specific financial data for the periods ended June 30, 2004, and 2003. However, the provided text does not contain the actual numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are located in the attached exhibits (99.2 and 99.3) which are not included in the source text.
Material Changes and Corporate Actions
- Share Repurchase Program: On August 2, 2004, the Board of Directors approved a program to repurchase up to 10% of the company's outstanding common stock.
- Financial Reporting: The company reported operational results for the second quarter and first half of 2004, though specific comparative changes versus prior periods are not detailed in this summary text.
Guidance, Outlook, and Risks
The filing text does not provide specific management commentary, forward-looking guidance, risk factors, or details on contingencies. It serves primarily as a notification that such information is available in the attached press releases and statistical supplements.
Investor Verification Checklist
- Verify the specific dollar amount and execution timeline of the 10% share repurchase program in the August 2, 2004 press release (Exhibit 99.1).
- Review the August 5, 2004 press release (Exhibit 99.2) for exact revenue, earnings per share, and operating margin figures for the three and six months ended June 30, 2004.
- Examine the Statistical Supplement (Exhibit 99.3) for detailed segment performance and liquidity metrics not summarized in the main text.
- Confirm the current outstanding share count to calculate the maximum number of shares eligible for repurchase under the new program.