PURCHASE, N.Y.--(BUSINESS WIRE)--MBIA Inc. (NYSE:MBI) (the Company) today announced that the Company’s Board of Directors has authorized the repurchase by the Company or its subsidiaries of up to $100 million of its outstanding shares under a new share repurchase authorization, which supersedes and terminates the prior authorization. The prior authorization had approximately $61 million of unused capacity at the time it was terminated. Repurchases by the Company or its subsidiaries will be subj


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