IRVINE, Calif., Dec. 15, 2016 /PRNewswire/ -- CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that it has successfully completed its 2016 share repurchase program. The Company repurchased 5 million shares during 2016, including 2.1 million shares in the fourth quarter. The repurchase of the Company's common shares was part of its previously announced program targeting the repurchase of at least 8 million shares during 2016 and 2017.
"Corelogic is committed to returning significant amounts of capital to our shareholders as a long term driver of value creation. During 2016, the Company repurchased approximately 6 percent of our common shares. Since 2011, CoreLogic has returned over $1 billion of capital to our shareholders," said Frank Martell, chief operating officer of CoreLogic.
CoreLogic (NYSE: CLGX) is a leading property information, analytics and data-enabled solutions provider. The company's combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.
Safe Harbor / Forward Looking Statements
Certain statements made in this press release are forward-looking statements within the meaning of the federal securities laws, including but not limited to those statements related to the Company's previously-announced share repurchase plan and plan to continue to return capital to shareholders. Risks and uncertainties exist that may cause the results to differ materially from those set forth in these forward-looking statements. Factors that could cause the anticipated results to differ from those described in the forward-looking statements include the risks and uncertainties set forth in Part I, Item 1A of our most recent Annual Report on Form 10-K, as amended or updated by our Quarterly Reports on Form 10-Q. These additional risks and uncertainties include but are not limited to: limitations on access to or increase in prices for data from external sources; changes in applicable government legislation, regulations and the level of regulatory scrutiny affecting our customers or us; compromises in the security of our data, including the transmission of confidential information or systems interruptions; difficult conditions in the mortgage and consumer lending industries and the economy generally; and our indebtedness and the restrictions in our various debt agreements. The forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries.
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