---
schema_version: "secwatch.filing_event.v1"
accession: "0001593275-24-000054"
form_type: "8-K"
ticker: "HG"
cik: "0001593275"
company_name: "Hamilton Insurance Group, Ltd."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T10:04:48.189369+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hamilton repurchases 9.1M Class A shares for $109.5M from Blackstone affiliates at $12/share

## Summary
- Repurchase of 9,124,729 Class A shares at $12.00/share (12% discount to 30-day VWAP of Class B) from Blackstone affiliates.
- Total price $109.5M; funded via 8.5% loan under existing credit facility, to be repaid from Two Sigma Hamilton Fund.
- Shares cancelled post-close; outstanding shares drop to 101,878,284; closing expected May 10, 2024.
- CEO calls transaction EPS, book value, and ROE accretive; says it won't hinder specialty insurance/reinsurance growth.
- Blackstone exits a ten-year investment; Hamilton expresses gratitude for the partnership.

## SEC filing metadata
- accession: 0001593275-24-000054
- form_type: 8-K
- ticker: HG
- cik: 0001593275
- company_name: Hamilton Insurance Group, Ltd.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1593275/000159327524000054/0001593275-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1593275/000159327524000054/hg-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001593275-24-000054
- JSON: https://secwatch.observer/filing/0001593275-24-000054.json
- Plain text: https://secwatch.observer/filing/0001593275-24-000054.txt

## Key facts
- Material Agreements
  Hamilton Insurance Group, Ltd. entered into Repurchase Agreement with funds affiliated with Blackstone Alternative Solutions LLC valued at $109,496,748 (effective 2024-05-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: funds affiliated with Blackstone Alternative Solutions LLC
  - Value: $109,496,748
  - Effective: 2024-05-08
  source text: On May 8, 2024, Hamilton Insurance Group, Ltd., a Bermuda company (the “Company”), entered into a share purchase agreement (the “Repurchase Agreement”) with funds affiliated with Blackstone Alternative Solutions LLC (“BAS”) pursuant to which the Company has agreed to repurchase 9,124,729 shares of the Company’s Class A common shares owned by such funds at a price per share of $12.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1593275/000159327524000054/0001593275-24-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.