NI Holdings, Inc. announced that its Board of Directors has approved a new authorization for the repurchase of up to approximately $5 million of the company’s outstanding common stock. This action supports the company's planned approach to capital deployment aimed at creating long-term value for shareholders.
This new authorization is in addition to approximately $1.3 million remaining under a previous repurchase authorization announced on May 9, 2022. This brings the total amount available for the repurchase of the company’s common stock to approximately $6.3 million.
As of July 31, 2025, NI Holdings, Inc. had 20,675,337 shares of common stock outstanding. The actual timing, number, and value of common shares repurchased will be determined by management's discretion, based on market conditions, trading price, and legal requirements.
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