Cannae (NYSE:CNNE) said it returned the bulk of its first-quarter capital allocation to shareholders while continuing to evaluate sales of non-core holdings and emphasizing growth in its sports-related investments.
On the company’s first-quarter 2026 earnings call, Chief Executive Officer Ryan Caswell said Cannae returned approximately $51 million to shareholders year-to-date through buybacks and its regular dividend, which he said currently provides a 4.2% yield. That represented about 86% of capital allocated during the period, compared with roughly 70% a year earlier.
