Welcome to our dedicated page for Cannae Holdings news (Ticker: CNNE), a resource for investors and traders seeking the latest updates and insights on Cannae Holdings stock.
Cannae Holdings, Inc. (NYSE: CNNE) is a Nevada-based holding company that acquires interests in operating businesses and takes an active role in managing a core group of those companies. This news page aggregates company-issued updates and regulatory-related announcements so readers can follow how Cannae describes the evolution of its strategy, portfolio, and governance over time.
Recent Cannae news has focused on its strategic transformation as a permanent capital vehicle, including a shift in its portfolio toward proprietary private investments, the disposition of its equity interest in Dun & Bradstreet Holdings, Inc., and plans for using transaction proceeds for share repurchases, dividends, debt reduction, and new investments. The company also regularly announces quarterly financial results and related conference calls, providing insight into how management discusses performance and capital allocation.
Governance and shareholder matters are another recurring theme in Cannae’s news flow. The company has reported on its annual meetings of shareholders, board declassification, changes to its Articles of Incorporation and bylaws, and board composition, including the addition of new independent directors. Cannae’s communications also describe an ongoing proxy contest with Carronade Capital, outlining the company’s perspective on board nominees and governance proposals.
Visitors to this page can review press releases on dividends, earnings release dates, portfolio transactions, and shareholder meetings, alongside references to related SEC filings. For investors and analysts tracking CNNE, this news feed offers a centralized view of Cannae’s own disclosures about its long-term investment approach, capital returns to shareholders, and governance developments.
Cannae Holdings (NYSE:CNNE) has scheduled its second quarter 2025 financial results announcement for Monday, August 11, 2025, after market close. The company will host a conference call at 5:00 PM ET on the same day to discuss the results.
Investors can access the call by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A replay will be available until August 25, 2025, accessible via 1-844-512-2921 (domestic) or 1-412-317-6671 (international) using access code 10200582. Additionally, a simultaneous webcast will be available on the company's website at www.cannaeholdings.com.
Cannae Holdings (NYSE: CNNE) has announced its first quarter 2025 financial results, which have been posted to the company's website at www.cannaeholdings.com. The company will host a conference call on May 12, 2025, at 5:00 PM Eastern Time to discuss the quarterly results.
Investors can access the conference call by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A telephonic replay will be available until May 26, 2025, accessible via 1-844-512-2921 (domestic) or 1-412-317-6671 (international) using access code 10198456. Additionally, a simultaneous webcast will be available on the company's website with a limited-time replay option.
Cannae Holdings (NYSE: CNNE) announced significant leadership changes and strategic actions on May 12, 2025. William P. Foley II transitions from CEO to Vice Chairman, while Doug Ammerman becomes Board Chairman and Ryan Caswell is appointed CEO. The company is expanding its relationship with JANA Partners, increasing its ownership stake from 20% to 50% for $67.5 million upfront, with potential additional payments of $26 million.
The company appointed two new independent directors: William Royan and Woodrow Tyler, effective June 1, 2025. Cannae is executing its three-key strategy: portfolio rebalancing, capital returns to shareholders, and improving portfolio performance. Notable achievements include raising $470 million through portfolio company sales in 2024, repurchasing $222 million of shares, and initiating quarterly dividends with a 2.7% yield.
Cannae Holdings (NYSE: CNNE) has announced a quarterly cash dividend payment. The company's Board of Directors has declared a dividend of $0.12 per share, which will be paid on June 30, 2025. Shareholders who are recorded as owners of CNNE stock by June 16, 2025 will be eligible to receive this dividend payment.
Cannae Holdings (NYSE: CNNE) has scheduled its first quarter 2025 earnings release and conference call. The company will announce its financial results after market close on Monday, May 12, 2025.
Key Details:
- Conference Call Time: 5:00 pm Eastern Time
- Dial-in Numbers: - Domestic: 1-844-826-3035 - International: 1-412-317-5195
- Replay Access: - Domestic: 1-844-512-2921 - International: 1-412-317-6671 - Access Code: 10198456 - Available until: May 26, 2025, 11:59 pm ET
Investors can also access a live webcast of the call on the company's website at www.cannaeholdings.com. An online replay will be made available immediately after the call concludes.
Cannae Holdings (NYSE: CNNE) has announced plans to utilize at least $460 million from its upcoming Dun & Bradstreet (DNB) sale proceeds. The allocation includes:
- At least $300 million for common stock repurchases via tender offer
- $60 million reserved for future quarterly dividends
- $101 million for retiring existing margin loan debt
The company holds 69.1 million DNB shares, representing $632 million in expected cash proceeds. This strategic move will utilize approximately 72% of the expected DNB sale proceeds for shareholder returns and debt reduction. The DNB transaction is anticipated to close in Q3 2025, subject to customary conditions.
Cannae Holdings (NYSE: CNNE) has announced its support for the sale of Dun & Bradstreet (DNB), where it holds a 16% stake (69.1 million shares). The transaction is expected to generate approximately $632 million in cash proceeds for Cannae and close in Q3 2025.
The company has significantly expanded its share buyback program, authorizing the repurchase of up to 23 million shares through March 2028, combining 10 million new shares with 12.95 million remaining from prior authorizations. Under the DNB Voting and Support Agreement, Cannae can sell up to 10 million DNB shares before the transaction closes.
Additionally, Cannae plans to transition to a declassified board structure with annual director elections, with a proposal to be presented at the 2025 shareholder meeting. The company aims to minimize its stock's net asset value discount and return significant capital to shareholders through buybacks.
Cannae Holdings (NYSE: CNNE) has responded to Carronade Capital's statement and director nomination, highlighting significant actions taken to enhance shareholder value. In February 2024, the company appointed William P. Foley, II as CEO and implemented a three-pronged strategy focusing on: capital returns to shareholders, portfolio rebalancing, and improving portfolio company performance.
Key achievements include:
- Returning $738 million to shareholders since March 2021, including a recent Dutch auction repurchasing 13.4% of shares for $222 million
- Initiating a quarterly dividend of $0.12 per share
- Raising approximately $470 million through public portfolio company share sales
- Acquiring a 53% stake in Watkins Company for $80 million
- Establishing a strategic partnership with JANA Partners
The company has demonstrated progress in portfolio management, including successful exits from Dayforce with a 5x return on investment, and improvements in portfolio companies like Dun & Bradstreet, where EBITDA grew from $569 million in 2018 to $927 million in 2024.
Cannae Holdings (NYSE: CNNE) has announced the release of its fourth quarter and full year 2024 financial results, which are available on the company's website at www.cannaeholdings.com. The company will host a conference call on February 24, 2025, at 5:00 PM Eastern Time to discuss these results.
Investors can access the conference call by dialing 1-844-826-3035 (domestic) or 1-412-317-5195 (international). A telephonic replay will be available until March 10, 2025, accessible via 1-844-512-2921 (domestic) or 1-412-317-6671 (international) using access code 10195808. Additionally, a simultaneous webcast will be available on the company's website with a -time replay option.
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