News Releases

Date Title and Summary View
Toggle Summary Navient appoints chief financial officer and chief decision management officer
WILMINGTON, Del., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services firm, today announced that Christian Lown will join the company as executive vice president and chief financial officer, effective March 27, 2017.
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Toggle Summary Navient announces William M. Diefenderfer III as chairman, names directors
NEWARK, Del., May 5, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced that William M. Diefenderfer III will serve as founding chairman of its Board of Directors. "Our newly created Board of Directors is honored to be part of
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Toggle Summary Navient announces transaction agreement amendment for 16 ABS trusts
WILMINGTON, Del., Sept. 16, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced the amendment of transaction agreements for 16 Navient-sponsored securitization trusts backed by federally guaranteed student
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Toggle Summary Navient announces successful resolution of legal matters with state attorneys general
WILMINGTON, Del., Jan. 13, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leading provider of education loan management and business processing solutions, announced today that it has reached agreements with state attorneys general to resolve their previously disclosed multistate litigation and
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Toggle Summary Navient announces strategic actions following in-depth business review
Will outsource student loan servicing and create variable expense model. Initiates exploration of strategic options for business processing division, including potential divestment. Intends to streamline shared service infrastructure and corporate footprint.
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Toggle Summary Navient announces online investor forum to facilitate communication with ABS bondholders
WILMINGTON, Del., Sept. 16, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced the launch of a new online investor forum designed to facilitate communication with bondholders of securities backed by federally
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Toggle Summary Navient announces new $600 million share repurchase authority
WILMINGTON, Del., Dec. 08, 2016 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a new share repurchase program for up to $600 million of the company's outstanding common
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Toggle Summary Navient announces new $500 million share repurchase authority
WILMINGTON, Del. , Sept. 13, 2018 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leading asset management and business processing services company, announced today that its Board of Directors approved a new share repurchase program for up to $500 million of the company’s outstanding common stock.
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Toggle Summary Navient announces new $1 billion share repurchase authority
NEWARK, Del., Dec. 15, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a new share repurchase program for up to $1.0 billion of the company's outstanding common stock.
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Toggle Summary Navient announces new $1 billion share repurchase authority
WILMINGTON, Del., Dec. 13, 2021 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), a leader in education loan management and business processing solutions, announced today that its Board of Directors approved a new share repurchase program for up to $1 billion of the company’s outstanding common stock.
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