BuybackJul 15, 2026, 05:31 PM
Skyward Specialty Expands Share Buyback Program to $100M
AI Summary
Skyward Specialty Insurance Group, Inc. announced that its Board of Directors approved an expansion of its share repurchase program. The aggregate authorization for repurchases of outstanding common shares has been increased from US$50 million to up to US$100 million. The company retains discretion over the timing, manner, price, and amount of any repurchases, which may be conducted through various methods including open market or privately negotiated transactions.
Key Highlights
- Board of Directors approved an expansion of the share repurchase program.
- Aggregate authorization increased from US$50 million to up to US$100 million.
- Repurchases may occur in open market, privately negotiated transactions, block purchases, or accelerated share repurchase agreements.
- The Company has discretion over timing, manner, price, and amount of repurchases.
- The program does not require the Company to repurchase any specific number of shares and can be modified or terminated.
Price Impact
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