Item 2. Unregistered Sales of Equity Securities
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Issuer’s Purchases of Equity Securities
The following table reflects purchases of AGL common shares made by the Company during First Quarter 2021.
Period Total
Number of
Shares
Purchased Average
Price Paid
Per Share Total Number of
Shares Purchased as
Part of Publicly
Announced Program (1) Maximum Number
(or Approximate Dollar Value) of Shares that May Yet Be
Purchased
Under the Program (2)
January 1 - January 31 739,538 $ 35.37 737,373 $ 226,045,854
February 1 - February 28 959,114 $ 38.90 669,078 $ 200,319,506
March 1 - March 31 580,284 $ 43.67 580,083 $ 174,984,415
Total 2,278,936 $ 38.97 1,986,534
____________________
(1) After giving effect to repurchases since the beginning of 2013 through May 6, 2021, the Company has repurchased a total of 124.1 million common shares for approximately $3,767 million, excluding commissions, at an average price of $30.35 per share. The Board of Directors authorized, on November 2, 2020, an additional $250 million of share repurchases. As of May 6, 2021, the remaining authorization the Company was authorized to purchase was $147 million of its common shares, on a settlement basis.
(2) Excludes commissions.
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ITEM 6. EXHIBITS
The following exhibits are filed with this report:
Exhibit
Number
10.1 2021 Form of Executive TSR Performance Based Restricted Stock Unit Agreement under the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan*
10.2 2021 Form of Executive ABV Performance Based Restricted Stock Unit Agreement under the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan*
10.3 2021 Form of Executive Restricted Stock Unit Agreement under the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan*
10.4 2021 Form of Non-Executive Performance Retention Award under the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan*
10.5 2021 Form of Non-Executive Restricted Stock Unit Agreement under the Assured Guaranty Ltd. 2004 Long-Term Incentive Plan*
31.1 Certification of CEO Pursuant to Exchange Act Rules 13A-14 and 15D-14, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2 Certification of CFO Pursuant to Exchange Act Rules 13A-14 and 15D-14, as Adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1 Certification of CEO Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes- Oxley Act of 2002
32.2 Certification of CFO Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes- Oxley Act of 2002
101.1 The following financial information from Assured Guaranty Ltd.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 formatted in Inline XBRL: (i) Condensed Consolidated Balance Sheets at March 31, 2021 and December 31, 2020; (ii) Condensed Consolidated Statements of Operations for the Three Months ended March 31, 2021 and 2020; (iii) Condensed Consolidated Statements of Comprehensive Income for the Three Months ended March 31, 2021 and 2020; (iv) Condensed Consolidated Statements of Shareholders’ Equity for the Three Months ended March 31, 2021 and 2020; (v) Condensed Consolidated Statements of Cash Flows for the Three Months ended March 31, 2021 and 2020; and (vi) Notes to Condensed Consolidated Financial Statements.
104.1 The Cover Page Interactive DataFile from Assured Guaranty Ltd.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021 formatted, in Inline XBRL (the cover page XBRL tags are embedded in the Inline XBRL document and included in Exhibit 101).
* Management contract or compensatory plan
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
ASSURED GUARANTY LTD.
(Registrant)
Dated May 7, 2021 By: /s/ ROBERT A. BAILENSON
Robert A. Bailenson
Chief Financial Officer (Principal Financial Officer and Duly Authorized Officer)
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