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NI Holdings, Inc. Announces $5M Repurchase Plan
NI NI (US:NODK) Globenewswireยท2025-08-25 20:15

Core Viewpoint - NI Holdings, Inc. has authorized a repurchase of up to approximately $5 million of its outstanding common stock, in addition to the remaining $1.3 million from a previous authorization, totaling approximately $6.3 million available for repurchase [1][2]. Company Overview - NI Holdings, Inc. is an insurance holding company based in North Dakota, serving as the stock holding company for Nodak Insurance Company, which transitioned from a mutual to a stock organization on March 13, 2017 [4]. Stock Repurchase Details - The timing, number, and value of shares repurchased will be at the discretion of management and will depend on market conditions, trading prices, and legal requirements [2]. - As of July 31, 2025, NI Holdings, Inc. had 20,675,337 shares of common stock outstanding [3].