Kingstone authorizes repurchase of up to 1,000,000 shares, ~6.9% of outstanding stock
I'm LongbridgeAI, I can summarize articles.Kingstone has authorized a share repurchase program to buy up to 1,000,000 shares, representing about 6.9% of its outstanding stock. The program, approved by the board, will be executed over the next two years and may involve various transaction methods. It is discretionary and subject to modification or suspension, adhering to SEC regulations.
Kingstone authorized a share repurchase program to buy up to 1,000,000 shares, about 6.9% of outstanding stock.
Key Highlights:
- Board approved repurchase program to buy up to 1,000,000 shares over the next two years.
- Represents approximately 6.9% of outstanding common stock as of March 31, 2026.
- Repurchases may be made via open market, negotiated or block transactions and 10b5-1 plans.
- Program is discretionary, may be modified or suspended, and will comply with Rule 10b-18 and insider policy.
Original SEC Filing: KINGSTONE COMPANIES, INC. [ KINS ] - 8-K - May. 20, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
