other material
confidence high
sentiment positive
materiality 0.60
Palomar Holdings announces new $100M share repurchase program through March 2024
Palomar Holdings, Inc.
- Board approved $100M buyback, replacing prior $40M program; $24.2M remained under old plan.
- New authorization runs from Jan 24, 2022 to Mar 31, 2024; shares repurchased in open market or negotiated deals.
- CEO cites confidence in long-term strategic plan and opportunistic capital allocation alongside growth.
- Prior plan had $15.8M in repurchases through Jan 24, 2022.