Universal Insurance Unveils $20M Stock Buyback Plan

Universal Insurance Holdings Inc (UVE) just unveiled an announcement.

Universal Insurance Holdings, Inc. has launched a new share repurchase initiative, allowing the company to buy back $20 million of its common stock until March 11, 2026. This move signals the board’s confidence in the company’s value and offers an investment opportunity that could be attractive to shareholders looking to capitalize on potential stock price increases.

For a thorough assessment of UVE stock, go to TipRanks’ Stock Analysis page.