Universal Announces Additional $20 Million Share Repurchase Authorization
Universal Insurance Holdings' board authorized an additional $20 million of share repurchases under its existing buyback program. Repurchases will be made from time to time in open-market transactions at prevailing prices, in compliance with Rule 10b-18 and the company's insider trading policy.
Key figures
- Deal Value Usd
- 20000000
- Buyback type
- incremental authorization under existing program
- Repurchase method
- open market at prevailing prices, Rule 10b-18 compliant
AI analysis
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