MTG · Mgic Investment Corp · Share Buybacks
10 customers — 32% of revenue (2025)
“Regarding the concentration of our new business, our top ten customers accounted for approximately 32% and 37% in 2025 and 2024, respectively.”
One customer — 16% of revenue (2025)
“Our largest customer accounted for approximately 16% and 21% of our NIW for 2025 and 2024, respectively.”
One customer — 11% of revenue (2025)
“That customer accounted for approximately 11% and 10% of our direct earned premiums in each of 2025 and 2024, respectively.”
10 customers — 37% of revenue (2024)
“Regarding the concentration of our new business, our top ten customers accounted for approximately 32% and 37% in 2025 and 2024, respectively.”
One customer — 21% of revenue (2024)
“Our largest customer accounted for approximately 16% and 21% of our NIW for 2025 and 2024, respectively.”
One customer — 10% of revenue (2024)
“That customer accounted for approximately 11% and 10% of our direct earned premiums in each of 2025 and 2024, respectively.”
Share-repurchase activity from the company's own XBRL filings — cash spent buying back common stock per fiscal year and per recent quarter, share counts where the company tagged them, and the buyback program's authorization — paired with the company's at-the-market (ATM) equity offering programs, the dilution side of the same picture. Repurchase amounts come exclusively from tagged SEC data; program figures with no tagged equivalent (untagged authorizations and all ATM figures) are read from the filing's own text and shown only after verification.
Cash spent on buybacks by quarter
Cash deployed each quarter, with the average price paid where the company reported it. Δ marks quarters derived from the company's cumulative year-to-date disclosures.
Repurchase History
| Fiscal Year Ended | Cash Spent | Source | ||
|---|---|---|---|---|
| 2026-06-30 YTD | $377,048,000 | 10-Q, filed 2026-07-29 | ||
| 2025-12-31 | $788,645,000 | 10-K, filed 2026-02-25 | ||
| 2024-12-31 | $569,478,000 | 10-K, filed 2026-02-25 | ||
| 2023-12-31 | $337,182,000 | 10-K, filed 2026-02-25 | ||
| 2022-12-31 | $385,573,000 | 10-K, filed 2025-02-26 | ||
| 2021-12-31 | $290,818,000 | 10-K, filed 2024-02-21 | ||
| 2020-12-31 | $119,997,000 | 10-K, filed 2023-02-22 | ||
| 2019-12-31 | $125,766,000 | 10-K, filed 2022-02-23 | ||
| 2018-12-31 | $163,419,000 | 10-K, filed 2021-02-23 | ||
| 2017-12-31 | $0 | 10-K, filed 2020-02-24 | ||
| 2016-12-31 | $147,127,000 | 10-K, filed 2019-02-22 | ||