FedNat Holding (FNHC) Authorizes $10 Million Share Repurchase Program

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Go back to FedNat Holding (FNHC) Authorizes $10 Million Share Repurchase Program

FedNat Authorizes $10 Million Share Repurchase Program

December 5, 2019 4:05 PM EST

SUNRISE, Fla., Dec. 05, 2019 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ: FNHC) (FedNat or the Company), an insurance holding company, today announced that its Board of Directors has authorized a new share repurchase program, under which the Company may repurchase up to $10 million of its outstanding shares of common stock from January 1, 2020 through December 31, 2020. This new repurchase program becomes effective upon the expiration of the Companys existing share repurchase program which has remaining capacity through the end of the calendar year, expiring on December... More