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HCI Group, Inc. Buyback

OLI recorded this information on 3/14/2022

Company: HCI Group, Inc.
Buyback: HCI buyback
$Amount Authorized: $20,000,000
Buyback Details: The board of directors ofHCI Group, Inc.(NYSE:HCI), a holding company primarily engaged in homeowners insurance, with additional operations in reinsurance, real estate and information technology, has authorized a plan to repurchase up to $20 million of the company's common shares during 2022, subject to market conditions.

HCI Group is a holding company. Through its subsidiaries, Co. is engaged in property and casualty insurance, reinsurance, real estate and information technology. Co.'s property and casualty insurance provides various forms of residential insurance products such as homeowners insurance, flood insurance and wind-only insurance to homeowners, condominium owners and tenants for properties primarily located in Florida. Co.'s information technology operations include a team of software developers with knowledge in designing and creating web-based applications and products for mobile devices. Co.'s real estate operations consist of various properties it owns and operates for investment purposes.

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Preferred: HCIIP


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Company Name: 
HCI Group Inc
Stock buyback: 
HCI buyback
Website: 
www.hcigroup.com
Sector: 
Insurance Brokers
Number of ETFs Holding HCI: 
42
Total Market Value Held by ETFs: 
$152.36M
Total Market Capitalization: 
$1.12B
% of Market Cap. Held by ETFs: 
13.65%
 

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Strong Buy (3.67 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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