Cannae : Sum of the Parts – May 12, 2025

Published: 2025-05-12 17:05:14 ET CNNE

Published on 05/12/2025 at 17:05

Cannae's share price of $18.80 as of 5/12/2025 is a 35% discount to the Net Asset Value per share

:'s in millions except for values per CNNE share (1)

Net Asset Value

Company

Current Ownership

Initial Year Invested

Invested Capital

Gross Fair Value(2)

Amount(3)

Per CNNE

Share(1)

60.0M shares or ~14%

2019

$ 484.1

$ 539.2

$ 527.7

$ 8.40

40.5M shares or ~8%

2021

328.1

234.4

255.0

4.06

2.5M shares or ~4%

2021

45.8

40.0

41.2

0.66

27.0M shares or ~27%

2022

231.9

13.8

59.6

0.95

~44%

2022

223.9

223.9

214.9

3.42

~65% C ~88%

2012

144.5

144.5

141.3

2.25

~6%

2022

49.3

103.9

94.7

1.51

~5%

2020

34.5

89.3

76.1

1.21

~49%

2024

80.0

80.0

79.8

1.27

(4)

~20%

2024

71.4

71.4

74.3

1.18

~89%

2023

58.7

58.7

56.2

0.89

Other investments and assets, net (5)

Various

Various

336.9

104.7

141.1

2.25

Debt (6)

(148.5)

(148.5)

(148.5)

(2.36)

Holding company cash and short-

term investments

188.5

188.5

188.5

3.00

TOTAL

$ 2,12G.1

$ 1,743.8

$ 1,801.G

$28.6G

Disclaimer

Cannae Holdings Inc. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 21:04 UTC.