IGI Announces New 5 Million Share Repurchase Authorization
International General Insurance Holdings (IGIC) announced a new share repurchase authorization for up to 5 million common shares, replacing a fully utilized previous authorization of 7.5 million shares. This decision reflects IGI's commitment to capital management and enhancing shareholder value. Analysts rate IGIC stock as a Buy with a $32.00 price target, highlighting strong financial performance and strategic market expansion, despite a lack of current cash flow data. IGI operates globally in specialty insurance and is rated ‘A’ by AM Best and S&P Global Ratings.
International General Insurance Holdings ( (IGIC) ) has issued an announcement.
On November 5, 2025, International General Insurance Holdings Ltd. announced a new authorization to repurchase up to 5 million of its common shares, replacing a previous authorization of 7.5 million shares that has been fully utilized. This move indicates IGI’s commitment to managing its capital structure and potentially enhancing shareholder value, depending on market conditions and other business considerations.
The most recent analyst rating on (IGIC) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on International General Insurance Holdings stock, see the IGIC Stock Forecast page.
Spark’s Take on IGIC Stock
According to Spark, TipRanks’ AI Analyst, IGIC is a Outperform.
IGIC’s overall stock score is strong at 78.6, driven primarily by its solid financial performance, robust valuation, and positive earnings call insights. The company’s effective cost management, zero debt, strong equity growth, and strategic market expansion underline its resilience in a competitive and challenging market environment. However, the absence of current cash flow data presents a minor limitation. Technical indicators suggest a stable to slightly positive trend, further supporting the stock’s attractiveness.
To see Spark’s full report on IGIC stock, click here.
More about International General Insurance Holdings
International General Insurance Holdings Ltd. (IGI) is an international specialty risks commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines. Established in 2001, IGI offers services in sectors such as energy, property, general aviation, construction, marine cargo, political violence, and more. The company operates globally with offices in Bermuda, London, Malta, Dubai, Amman, Oslo, Kuala Lumpur, and Casablanca, and is rated ‘A’ by AM Best and S&P Global Ratings.
Average Trading Volume: 82,256
Technical Sentiment Signal: Hold
Current Market Cap: $935.4M
