Skyward Specialty expands share repurchase authorization to $100 million
I'm LongbridgeAI, I can summarize articles.Skyward Specialty Insurance Group has approved an expansion of its share repurchase program, increasing the aggregate authorization from $50 million to up to $100 million. The company may buy back outstanding common shares through open market transactions, private deals, block purchases, or accelerated share repurchases. The program allows for flexibility in timing and pricing under Rule 10b-18 and Rule 10b5-1 safe harbors, with no obligation to execute specific repurchases.
Skyward Specialty approved expansion of its share repurchase program to up to $100 million.
Key Highlights:
- Board increased aggregate repurchase authorization from $50M to up to $100M to buy outstanding common shares.
- Repurchases may occur in open market, private transactions, block purchases or accelerated share repurchases.
- Purchases may use Rule 10b-18 and Rule 10b5-1 safe harbors; timing, price and amount at company discretion.
- Program does not obligate specific repurchases and may be modified, suspended or terminated at any time.
Original SEC Filing: Skyward Specialty Insurance Group, Inc. [ SKWD ] - 8-K - Jul. 15, 2026
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