Fidelis Insurance (FIHL) Announces $50M Share Buyback

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Fidelis Insurance Announces $50 Million Share Repurchase Authorization

December 21, 2023 9:15 AM EST

PEMBROKE, Bermuda--(BUSINESS WIRE)-- Fidelis Insurance Holdings Limited (Fidelis Insurance or the Company) (NYSE: FIHL) today announced that its Board of Directors has approved the adoption of a common share repurchase program of up to $50 million of the Companys common shares.

The share repurchase program authorizes the purchase of up to $50 million of the Companys common stock utilizing a variety of methods, including open market purchases, accelerated share repurchases and privately negotiated transactions (the Program).

Dan Burrows, Group Chief Executive Officer, said We are pleased to announce the Boards approval of this... More