Universal Insurance Holdings, Inc.'s Board of Directors has authorized a new $20 million stock buyback program
Universal Insurance Holdings, Inc. (UVE), an insurance company, has recently made an announcement. The company's Board of Directors has authorized a new share repurchase program, enabling Universal to buy back up to $20 million of its outstanding shares of common stock.
Under the newly authorized share repurchase program, Universal Insurance Holdings has the opportunity to repurchase its outstanding shares of common stock through June 10, 2025. The buybacks will be conducted through open market transactions, allowing Universal to acquire shares at prevailing market prices.
Join LevelFields now to be the first to know about events that affect stock prices and uncover unique investment opportunities. Choose from events, view price reactions, and set event alerts with our AI-powered platform. Don't miss out on daily opportunities from 6,300 companies monitored 24/7. Act on facts, not opinions, and let LevelFields help you become a better trader.