EMC Insurance Group Inc.

EMC Insurance Group Inc. Declares Quarterly Cash Dividend

EMC Insurance Group Inc. Declares Quarterly Cash Dividend

DES MOINES, Iowa, May 23, 2019 (GLOBE NEWSWIRE) -- On May 22, 2019, the board of directors of EMC Insurance Group Inc. (Nasdaq:EMCI) (the “Company”) declared a quarterly cash dividend of $0.23 per share of common stock payable June 11, 2019, to stockholders of record as of June 4, 2019. The Company has declared a quarterly dividend since becoming a publicly held company in February 1982, and has never reduced its dividend.

About EMCI

EMC Insurance Group Inc. is a publicly held insurance holding company with operations in property and casualty insurance and reinsurance, which was formed in 1974 and became publicly held in 1982. The Company’s common stock trades on the Global Select Market tier of the Nasdaq Stock Market under the symbol EMCI. EMCI’s parent company is Employers Mutual Casualty Company (Employers Mutual). EMCI and Employers Mutual, together with their subsidiary and affiliated companies, conduct operations under the trade name EMC Insurance Companies.

On May 9, 2019, Employers Mutual and the Company announced the execution of the definitive merger agreement, pursuant to which Employers Mutual will acquire all of the remaining shares of the Company for $36.00 per share in cash, subject to shareholder approval. Additional information regarding the Company may be found at and additional information regarding the proposed merger transaction can be found through the website maintained by the Securities and Exchange Commission at or by contacting the individuals listed below.

   
Contacts  
Investors: Media:
Steve Walsh, 515-345-2515 Lisa Hamilton, 515-345-7589
 
   
EN
23/05/2019

Reports on EMC Insurance Group Inc.

 PRESS RELEASE

EMC Insurance Group Inc. Shareholders Overwhelmingly Approve Transacti...

EMC Insurance Group Inc. Shareholders Overwhelmingly Approve Transaction with Employers Mutual Casualty Company Company Taking Steps to Immediately Close Transaction DES MOINES, Iowa, Sept. 18, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (Nasdaq: EMCI) (“EMCI”) today announced that the required majority of the outstanding common stock not owned by Employers Mutual Casualty Company (“EMCC”), its subsidiaries and the executive officers and directors of EMCI, EMCC and their respective subsidiaries have voted in favor of the proposed acquisition of all of the shares of EMCI which EMC...

 PRESS RELEASE

Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recom...

Leading Independent Proxy Advisory Firm Glass Lewis Joins ISS in Recommending EMC Insurance Group Inc. Shareholders Vote “FOR” Proposed Transaction EMCI’s Special Committee Urges Shareholders to Vote “FOR” the Transaction TODAY DES MOINES, Iowa, Sept. 05, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (Nasdaq: EMCI) (“EMCI”) today announced that leading independent proxy advisory firm, Glass Lewis & Co. (“Glass Lewis”), joined Institutional Shareholder Services (“ISS”) in recommending that EMCI shareholders vote “FOR”  Employers Mutual Casualty Company’s (“EMCC”) proposed acquisition...

 PRESS RELEASE

Leading Independent Proxy Advisory Firm ISS Recommends EMC Insurance G...

Leading Independent Proxy Advisory Firm ISS Recommends EMC Insurance Group Inc. Shareholders Vote “FOR” Proposed Transaction EMCI’s Board of Directors Urges Shareholders to Vote “FOR” the Transaction TODAY DES MOINES, Iowa, Sept. 03, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (Nasdaq: EMCI) (“EMCI”) today announced that leading independent proxy advisory firm, Institutional Shareholder Services (“ISS”), recommends that EMCI shareholders vote “FOR” Employers Mutual Casualty Company’s (“EMCC”) proposed acquisition of all of the shares of EMCI that EMCC does not already own. The EM...

 PRESS RELEASE

EMC Insurance Group Inc. Declares Quarterly Cash Dividend

EMC Insurance Group Inc. Declares Quarterly Cash Dividend DES MOINES, Iowa, Aug. 15, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Group Inc. (Nasdaq:EMCI) (the “Company”) today announced that its board of directors declared a quarterly cash dividend of $0.23 per share of common stock payable September 3, 2019, to shareholders of record as of August 27, 2019. The Company has declared a quarterly dividend since becoming a publicly held company in February 1982, and has never reduced its dividend. About EMCIEMC Insurance Group Inc. is a publicly held insurance holding company with operations in p...

 PRESS RELEASE

EMC Insurance Group Inc. Files Definitive Proxy Statement and Announce...

EMC Insurance Group Inc. Files Definitive Proxy Statement and Announces Special Meeting Date in Connection With Proposed Transaction EMCI’s Board, Based on the Unanimous Recommendation of the Special Committee Comprised Solely of Independent Directors and Advised by Independent Advisors, Recommends that EMCI Minority Shareholders Vote “FOR” The Transaction Purchase Price Represents 50% Premium to EMCI’s Unaffected Stock Price1 and Provides Immediate and Complete Liquidity to EMCI’s Minority Shareholders Upon Close DES MOINES, Iowa, Aug. 08, 2019 (GLOBE NEWSWIRE) -- EMC Insurance Gro...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch