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Fidelis Insurance Group to Buy Back All Remaining CVC Stake in $163 Million Share Repurchase

Story Highlights
  • Fidelis will repurchase all remaining CVC-held shares for $163.3 million, ending CVC’s ownership stake.
  • The below-book-value buyback is expected to boost Fidelis’s book value per share and return on equity while simplifying its shareholder base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fidelis Insurance Group to Buy Back All Remaining CVC Stake in $163 Million Share Repurchase

Meet Samuel – Your Personal Investing Prophet

Fidelis Insurance Holdings Ltd. ( (FIHL) ) has issued an update.

On March 2, 2026, Fidelis Insurance Group announced it had entered into a definitive agreement to repurchase all 8,597,170 remaining common shares held by founding shareholder CVC Falcon Holdings Limited for $19.00 per share, totaling about $163.3 million. Executives said buying the stock below the firm’s year-end 2024 diluted book value per share of $24.61 should be meaningfully accretive to book value and return on equity, while also simplifying the shareholder base as CVC exits its ownership stake.

Management framed the deal as a vote of confidence in Fidelis’s balance sheet strength and growth trajectory, highlighting continued momentum and an ongoing commitment to long-term value creation for remaining investors. The transaction underscores Fidelis’s use of capital management, including targeted buybacks, to bolster its market positioning in specialty insurance and reinsurance, with legal advisory support on the deal provided by Sidley Austin LLP.

The most recent analyst rating on (FIHL) stock is a Buy with a $26.50 price target. To see the full list of analyst forecasts on Fidelis Insurance Holdings Ltd. stock, see the FIHL Stock Forecast page.

Spark’s Take on FIHL Stock

According to Spark, TipRanks’ AI Analyst, FIHL is a Neutral.

Fidelis Insurance Holdings Ltd. has a mixed outlook. The strong earnings call performance and positive technical indicators are offset by poor financial performance and unattractive valuation. The company’s ability to navigate financial challenges will be crucial for future performance.

To see Spark’s full report on FIHL stock, click here.

More about Fidelis Insurance Holdings Ltd.

Fidelis Insurance Holdings Limited, which plans to rebrand as Pelagos Capital Insurance in 2026 pending approvals, is a global specialty insurance and reinsurance group listed on the NYSE under the ticker FIHL. The company focuses on strategic capital allocation, expert risk selection and long-term underwriting partnerships, supported by strong financial strength ratings from AM Best, S&P and Moody’s and a diversified portfolio aimed at delivering superior shareholder returns.

Average Trading Volume: 467,478

Technical Sentiment Signal: Buy

Current Market Cap: $2B

See more data about FIHL stock on TipRanks’ Stock Analysis page.

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