Radian Group Inc. (NYSE:RDN) announces a share repurchase program. Under the program, the company will repurchase up to $100 million of its common stock. The shares will be purchased in the open market or in privately negotiated transactions.

The repurchase program provides the company with the flexibility to repurchase shares opportunistically from time to time, based on market and business conditions, stock price and other factors. The company may utilize a Rule 10b5-1 plan, which would permit the company to purchase shares, at pre-determined price targets, when it may otherwise be precluded from doing so. The share repurchase program demonstrates the company's confidence in the strength of its businesses and its commitment to optimizing stockholder returns.

The share repurchase program is valid until December 31, 2016.