Exzeo Group, Inc. Announces New Stock Repurchase Program
Exzeo Group, Inc. has announced that its Board of Directors has authorized a new stock repurchase program and adopted a corresponding plan under Rule 10b5-1. The program allows for the repurchase of up to $12 million of the companyβs common shares, subject to market conditions and effective immediately. The repurchases will be made through various methods, including open market purchases and privately negotiated transactions, under a plan designed to comply with Rule 10b5-1 and other applicable securities laws. This plan enables Exzeo to repurchase shares even during periods when it might otherwise be restricted due to trading blackout periods or insider trading laws. The company cannot guarantee the number of shares that will be repurchased, as it depends on factors like plan constraints, price, and market conditions. Information on repurchases will be disclosed in future SEC filings. The program does not obligate the company to repurchase a specific number of shares and can be canceled or suspended at any time.