BuybackApr 28, 2026, 04:12 PM
SLDE Board Authorizes New $100M Stock Repurchase Program
AI Summary
Slide Insurance Holdings, Inc. announced its Board of Directors authorized a new $100 million common stock repurchase program, effective immediately with no time limit. This demonstrates confidence in the company's strategic direction, underwriting performance, and strong financial foundation, aiming to enhance shareholder value. With this new authorization, Slide now has $114 million available under its current repurchase programs.
Key Highlights
- Board authorized a new $100 million common stock repurchase program.
- The new program is effective immediately and has no time limit.
- Slide now has $114 million of availability under its current repurchase programs.
- Under the previous program, 6,240,335 shares were repurchased at a weighted average price of $17.75.
- Since its June 2025 IPO, Slide has repurchased 13,349,752 shares at a weighted average price of $17.30.