Skip to main content

HORACE MANN EDUCATORS CORP DE

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

HMN$53.69+1.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Item 5. Market Information and Dividends

Our common stock is traded on the NYSE under the symbol HMN. The following table provides the high and low bid information of our common stock on the NYSE Composite Tape and the cash dividends paid per share of common stock during the periods indicated.

Market Price · Dividends
Fiscal PeriodHighLowPaid
2024:
Fourth Quarter$42.63$34.36$0.34
Third Quarter36.2132.100.34
Second Quarter39.1132.350.34
First Quarter37.7332.680.34
2023:
Fourth Quarter$33.79$28.67$0.33
Third Quarter30.1227.940.33
Second Quarter33.8529.040.33
First Quarter38.1032.330.33

The payment of dividends in the future is subject to the discretion of the Board and will depend upon general business conditions, legal restrictions and other factors the Board may deem to be relevant. Additional information is contained in Part I - Item 1, Cash Flow and in Part II - Item 8, Note 13 of the Consolidated Financial Statements in this Annual Report on Form 10-K.

Shareholder Return Performance Graph

The graph below sets forth the total five-year shareholder return on our common stock. The graph assumes a $100 investment as of December 31, 2019. The S&P 500 Index and the S&P 500 Insurance Index assume an annual reinvestment of dividends in calculating total return. We assume reinvestment of quarterly dividends when paid.

Comparison of Cumulative Five-Year Total Return to Shareholders

Dec. 2019 · Dec. 2020 · Dec. 2021 · Dec. 2022 · Dec. 2023 · Dec. 2024
HMEC$100$100$95$94$86$107
S&P 500 Insurance Index10099131144144157199
S&P 500 Index100118152125157197

Holders and Shares Issued

As of February 14, 2025, the number of holders of our common stock was approximately 35,300.

For information required by Item 201(d) of Regulation S-K regarding the equity compensation plan, see Part III - Item 12, of this Annual Report on Form 10-K.

Issuer Purchases of Equity Securities

On May 25, 2022, our Board of Directors authorized a share repurchase program allowing repurchases of up to $50 million (2022 Program) to begin following the completion of the $50 million repurchase plan which was authorized on September 30, 2015 (2015 Program). Both Programs authorize the repurchase of our common shares in open market or privately negotiated transactions, from time to time, depending on market conditions. The Programs do not have expiration dates and may be limited or terminated at any time without notice. During the three months ended September 30, 2022, the 2015 Program was completed and we began repurchasing shares under the 2022 Program.

For the quarterly periods ended 2024 and 2023, we repurchased shares of our common stock under the Programs as follows:

PeriodTotal Numberof SharesPurchasedAverage PricePaid per ShareTotal Number ofShares Purchasedunder the ProgramsApproximate DollarValue of Sharesthat may yet bePurchased under the Programs
2024:
Fourth Quarter—$——$26.3 million
Third Quarter115,377$33.33115,377$26.3 million
Second Quarter140,782$33.58140,782$30.2 million
First Quarter—$——$34.9 million
2023:
Fourth Quarter—$——$34.9 million
Third Quarter33,000$28.7333,000$34.9 million
Second Quarter35,394$32.4735,394$35.8 million
First Quarter128,540$34.01128,540$36.9 million
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.