American Coastal Insurance Completes $5M in Share Repurchases

American Coastal Insurance Corporation has completed a $5 million common stock share repurchase program, repurchasing 438,746 shares at an average price of $11.40 per share. The company remains authorized to repurchase an additional $20 million of common stock. The repurchases were executed as part of a disciplined capital management strategy and are contingent upon market conditions, capital needs, and other considerations.