Stock BuybacksBy The Online Investor Staff, updated Mon., Jan. 24, 12:10 PM
|This Slide: #20 of 25|
Slide #20. Heritage Insurance Holdings, Inc.
Heritage Insurance Holdings, Inc. (NYSE:HRTG)
Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that its Board of Directors has authorized the repurchase of up to $25 million of its outstanding shares of common stock through December 31, 2023.
Heritage Insurance Holdings is a property and casualty insurance holding company that primarily provides personal and commercial residential insurance through its insurance company subsidiaries. Co. is vertically integrated and controls or manages various aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. Co.'s insurance subsidiaries include: Heritage Property & Casualty Insurance Company, which provides personal and commercial residential property insurance and commercial general liability insurance; and Narragansett Bay Insurance Company, which provides personal and commercial residential property insurance.
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Strong Buy (3.50 out of 4)