ACIC Announces the Completion of $14.4 Million in Common Stock Share Repurchases
Completed $14.4M buyback in Q2 2026. 1,365,980 shares at $10.57 average. $19.4M repurchased year to date.
American Coastal Insurance Corporation completed $14.4 million of common stock repurchases during the second quarter of 2026, acquiring 1,365,980 shares at an average price of $10.57 per share. Raymond James & Associates, Inc. acted as broker; repurchases were completed in the open market and finalized on June 26, 2026.
Total repurchases for the year reached $19.4 million. The Company remains authorized to repurchase an additional $5.6 million of common stock under the direction of its Board of Directors.
"During the second trading window of the year we continued executing on our repurchase initiative to the tune of nearly $15 million. American Coastal will continue to evaluate market conditions, capital needs, and other considerations and will be prepared to execute on the remaining authorization if these conditions are aligned," said Brad Martz, President & CEO.
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