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Key Stock Data
The current last sale of $15.85 is 13.54% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 16.22||$ 23.34|
|Low:||$ 15.775||$ 13.96|
Company Description (as filed with the SEC)
Ambac Financial Group, Inc. ("Ambac," "AFG" or the "Company"), headquartered in New York City, is a financial services holding company incorporated in the State of Delaware on April 29, 1991. Ambac's provides financial guarantee policies through its principal operating subsidiary, Ambac Assurance Corporation ("Ambac Assurance" or "AAC") and its wholly owned subsidiary Ambac Assurance UK Limited ("Ambac UK"), both of which have been in runoff since 2008. Ambac has another wholly-owned subsidiary, Everspan Financial Guarantee Corp. ("Everspan"), which has been in runoff since its acquisition in 1997. Insurance policies issued provide an unconditional and irrevocable guarantee which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. Pursuant to such guarantees, Ambac Assurance and its subsidiaries make payments if the obligor responsible for making payments fails to do so when scheduled. ... More ...
Nasdaq Official Price
Dec. 14, 2018
Dec. 14, 2018