other material
confidence high
sentiment neutral
materiality 0.35
UVE board authorizes $8M share repurchase through Dec 2024
UNIVERSAL INSURANCE HOLDINGS, INC.
- Board authorized repurchase of up to $7,997,057 through Dec 15, 2024.
- Amount represents the unused portion of the prior $20M authorization that expired Nov 2022.
- Previous program repurchased slightly over $12M before expiration.
- Repurchases may be in open market; subject to Rule 10b-18 and insider trading policy.