Kinsale Capital authorizes new $250M share repurchase program after completing prior $100M buyback

Kinsale Capital Group, Inc.

New repurchase program for up to $250M of common stock, replacing the completed $100M program.
Amendments to debt agreements eliminate dollar caps on restricted payments, enabling buybacks and dividends.
CEO Michael Kehoe cites confidence in strategic direction and commitment to returning excess capital.
Shares may be repurchased via open market, block trades, accelerated repurchase agreements, or Rule 10b5-1 plans.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Kinsale Capital Group, Inc. entered into Third Amendment to the Note Purchase and Private Shelf Agreement with PGIM, Inc. and the other noteholders party thereto valued at amends Section 6H of the Original Agreement to permit Restricted Payments so long as at the time of (effective 2025-12-11).

Action: entry
Agreement: credit facility
Counterparty: PGIM, Inc. and the other noteholders party thereto
Value: amends Section 6H of the Original Agreement to permit Restricted Payments so long as at the time of
Effective: 2025-12-11

Exact text from the filing

On December 11, 2025, Kinsale Capital Group, Inc. (the “Company”) entered into: • the Third Amendment to the Note Purchase and Private Shelf Agreement (the “NPA Amendment”) with PGIM, Inc. and the other noteholders party thereto; and • Amendment No. 3 to the Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent and as a lender, Truist Bank, as a lender, and CIBC Bank USA, as a lender.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Kinsale Capital Group, Inc. entered into Amendment No. 3 to the Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and as a lender, Truist Bank, as a lender, and CIBC Bank USA, as a lender valued at amends Section 6.08(f) of the Amended and Restated Credit Agreement to permit Restricted Payments (a (effective 2025-12-11).

Action: entry
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and as a lender, Truist Bank, as a lender, and CIBC Bank USA, as a lender
Value: amends Section 6.08(f) of the Amended and Restated Credit Agreement to permit Restricted Payments (a
Effective: 2025-12-11

Exact text from the filing

On December 11, 2025, Kinsale Capital Group, Inc. (the “Company”) entered into: • the Third Amendment to the Note Purchase and Private Shelf Agreement (the “NPA Amendment”) with PGIM, Inc. and the other noteholders party thereto; and • Amendment No. 3 to the Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent and as a lender, Truist Bank, as a lender, and CIBC Bank USA, as a lender.

View on SEC.gov

24 material agreements filed in the last 30 days. Browse all material agreements →

Kinsale Capital Group, Inc. filing history →

Source: SEC EDGAR

accession 0001669162-25-000064

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