Copyright royalgazette

Bermuda-domiciled International General Insurance Holdings’s board of directors has approved a new repurchase authorisation of up to 5 million of the company’s issued and outstanding common stock. The previous 7.5 million authorisation, made in June 2024, has been exhausted. Repurchases, which are subject to market conditions, other business considerations and applicable legal requirements, may be made at prevailing prices in the open market, in privately negotiated transactions, block trades, or other transactions. The firm said the timing and actual number of shares to be repurchased depends on a variety of factors.