Cincinnati Financial Corporation (NASDAQ:CINF) Q2 2023 Earnings Call Transcript

Steve Johnston: Well, thank you, Fred. This is Steve Johnston. And first off, I really want to thank you for your comments. It just really makes my day. It makes all of our days. You’re talking to everybody here at the company. And we really appreciate your comments. I believe the number of shares outstanding is 158.6 million.

Unidentified Analyst: At the end of the period?

Steve Johnston: At the end of the period.

Unidentified Analyst: You divide — how many shares?

Steve Johnston: I think it’s 158.6 million.

Unidentified Analyst: And if you divide that into the shareholder equity value of [indiscernible], did you get $70.33.

Steve Johnston: I believe that’s right.

Mike Sewell: That’s right, Fred.

Steve Johnston: I may have transposed it. I think it’s 156.8 million not — I was going from my I was going from memory and somebody slipped a piece of paper to me here. So I apologize for the transposing the shares.

Unidentified Analyst: I appreciate what you just said because that’s the figure I got with my old math.

Steve Johnston: Okay, good. The old math is always the best, Fred.

Unidentified Analyst: One of my people that live with Cincinnati but incense said was TYG; thank you, God.

Steve Johnston: Here you go. Thank you so much.

Operator: This concludes our question-and-answer session. I would like to turn the conference back over to Steve Johnston for any closing remarks.

Steve Johnston: Thank you, Vaishnavi and thank you all for joining us today. We look forward to speaking with you again on our third quarter call.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may all now disconnect.