Standard Premium Finance Holdings Announces $250,000 Stock Repurchase Program

Core Viewpoint - Standard Premium Finance Holdings, Inc. has announced a stock repurchase program allowing the company to buy back up to $250,000 of its common stock over a six-month period, reflecting confidence in its strategic direction and financial strength [1][2]. Group 1: Stock Repurchase Program - The stock repurchase program is set to expire on November 2, 2025, and will be influenced by market conditions, stock price, regulatory requirements, and corporate liquidity [1]. - The program is designed to provide flexibility in returning capital to shareholders and demonstrates the long-term value of the company's business model [2]. - There is no obligation for the company to purchase a specific number of shares, and the timing and price of repurchases will be at management's discretion [2]. Group 2: Financial Performance and Strategy - The repurchase program is characterized as an efficient use of capital, aligning with the company's disciplined approach to growth and value creation [3]. - The company has reported record profitability in FY 2024 and Q1 2025, indicating continued financial momentum and operational strength [3]. - The company is focused on executing its acquisition strategy and expanding its national footprint to deliver long-term returns for shareholders [3]. Group 3: Company Background - Standard Premium Finance Holdings, Inc. has financed over $2 billion in property and casualty insurance policies since 1991 and operates in 38 states [4]. - The company is actively seeking mergers and acquisitions of synergistic businesses to leverage economies of scale [4].