NI Holdings (NODK) Announces $5M Repurchase Plan

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NI Holdings, Inc. Announces $5M Repurchase Plan

August 16, 2021 11:00 AM EDT

FARGO, N.D., Aug. 16, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that its Board of Directors has approved an authorization for the repurchase of up to approximately $5 million of the companys outstanding common stock. This authorization, in addition to a previous authorization currently in place, supports our planned approach to capital deployment to create long-term value for our shareholders through share repurchases and future strategic acquisitions.

The actual timing, number, and value of common shares repurchased under the plan will be determined by management in its... More