{"id":924742,"date":"2026-01-07T07:54:11","date_gmt":"2026-01-07T12:54:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/universal-announces-new-20-million-share-repurchase-authorization-3\/"},"modified":"2026-01-07T07:54:11","modified_gmt":"2026-01-07T12:54:11","slug":"universal-announces-new-20-million-share-repurchase-authorization-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/universal-announces-new-20-million-share-repurchase-authorization-3\/","title":{"rendered":"Universal Announces New $20 Million Share Repurchase Authorization"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Universal Announces New $20 Million Share Repurchase Authorization<\/b><\/p>\n<p>FORT LAUDERDALE, Fla.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nUniversal Insurance Holdings, Inc. (NYSE: UVE) (\u201cUniversal\u201d or the \u201cCompany\u201d) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $20 million of its outstanding shares of common stock through January 8, 2028.<\/p>\n<p>\nShare repurchases may be made by the Company from time to time in open market transactions at prevailing market prices. The Company intends to effect repurchase transactions in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 and the Company\u2019s insider trading policy.<\/p>\n<p><b>About Universal<\/b><\/p>\n<p>\nUniversal Insurance Holdings, Inc. (NYSE: UVE) is a holding company providing property and casualty insurance and value-added insurance services. We develop, market, and write insurance products for consumers predominantly in the personal residential homeowners lines of business and perform substantially all other insurance-related services for our primary insurance entities, including risk management, claims management and distribution. We provide insurance products in the United States through both our appointed independent agents and our direct online distribution channels, primarily in Florida. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Funiversalinsuranceholdings.com&amp;esheet=54390667&amp;newsitemid=20260107644155&amp;lan=en-US&amp;anchor=universalinsuranceholdings.com&amp;index=1&amp;md5=06507ddfed859b7e772cd0144529c4fe\">universalinsuranceholdings.com<\/a> or get an insurance quote at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2FClovered.com&amp;esheet=54390667&amp;newsitemid=20260107644155&amp;lan=en-US&amp;anchor=Clovered.com.&amp;index=2&amp;md5=a41bb7224a473e65f5c79274719dd6c0\">Clovered.com.<\/a><\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release may contain \u201cforward-looking statements\u201d within the meaning of the Private Securities Litigation Reform Act of 1995. The words \u201cbelieve,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cwill,\u201d \u201cplan,\u201d and similar expressions identify forward-looking statements, which speak only as of the date the statement was made. Such statements may include commentary on plans, products and lines of business, marketing arrangements, reinsurance programs and other business developments and assumptions relating to the foregoing. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, including those risks and uncertainties described under the heading \u201cRisk Factors\u201d and \u201cLiquidity and Capital Resources\u201d in our 2024 Annual Report on Form 10-K, and supplemented in our subsequent Quarterly Reports on Form 10-Q. Future results could differ materially from those described, and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. For further information regarding risk factors that could affect the Company\u2019s operations and future results, refer to the Company\u2019s reports filed with the Securities and Exchange Commission, including the Company\u2019s Annual Report on Form 10-K and the most recent quarterly reports on Form 10-Q.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260107644155r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260107644155\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260107644155\/en\/<\/a><\/span><\/p>\n<p><b>Investors\/Media:<br \/>\n<\/b><br \/>Arash Soleimani, CFA, CPA, CPCU, ARe<br \/>\n<br \/>Chief Strategy Officer<br \/>\n<br \/>954-804-8874<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:asoleimani@universalproperty.com\">asoleimani@universalproperty.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Florida United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Insurance Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260107644155\/en\/2684720\/3\/logo_higher_res.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Universal Announces New $20 Million Share Repurchase Authorization FORT LAUDERDALE, Fla.&#8211;(BUSINESS WIRE)&#8211; Universal Insurance Holdings, Inc. (NYSE: UVE) (\u201cUniversal\u201d or the \u201cCompany\u201d) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $20 million of its outstanding shares of common stock through January 8, 2028. Share repurchases may be made by the Company from time to time in open market transactions at prevailing market prices. The Company intends to effect repurchase transactions in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 and the Company\u2019s insider trading policy. About Universal Universal Insurance Holdings, Inc. (NYSE: UVE) is a holding company providing property and casualty insurance and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/universal-announces-new-20-million-share-repurchase-authorization-3\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Universal Announces New $20 Million Share Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-924742","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Universal Announces New $20 Million Share Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/universal-announces-new-20-million-share-repurchase-authorization-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Universal Announces New $20 Million Share Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Universal Announces New $20 Million Share Repurchase Authorization FORT LAUDERDALE, Fla.&#8211;(BUSINESS WIRE)&#8211; Universal Insurance Holdings, Inc. (NYSE: UVE) (\u201cUniversal\u201d or the \u201cCompany\u201d) announced today that its Board of Directors has authorized a new share repurchase program under which the Company may repurchase up to $20 million of its outstanding shares of common stock through January 8, 2028. Share repurchases may be made by the Company from time to time in open market transactions at prevailing market prices. The Company intends to effect repurchase transactions in compliance with Rule 10b-18 under the Securities Exchange Act of 1934 and the Company\u2019s insider trading policy. About Universal Universal Insurance Holdings, Inc. 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