MBIA Inc. (NYSE:MBI) Q4 2023 Earnings Call Transcript

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William Fallon: You’re correct. It can be used by either entity. Right now, as Anthony described, under the department regulations, we have more capacity at National. So right now, it would only be the Inc. If for some reason, the situation at National were to change in the future, the $71 million would still apply there as well.

Unidentified Analyst: Okay. And is that something that you are considering to restart the repurchase after you get through the quiet period here?

William Fallon: Again, we always look at what the opportunities are with our capital, whether it be debt, shares or anything else we might need it for.

Unidentified Analyst: Okay, thank you.

Operator: At this time, I am showing no further questions. I’d like to turn the floor back over to management for any additional or closing remarks.

Greg Diamond: Thank you, Brittany, and thanks to all of you for listening to the call today. Please contact us directly if you have any additional questions. We also recommend that you visit our website at mbia.com for additional information about the company. Thank you for your interest in MBIA. Good day, and goodbye.

Operator: Thank you, ladies and gentlemen. This does conclude today’s MBIA Fourth Quarter and Full Year 2023 Financial Results Conference Call. You may now disconnect your lines, and have a wonderful day.

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