American Coastal Insurance Corporation (Nasdaq: ACIC) completed $5.0 million in common stock repurchases, buying 438,746 shares at an average price of $11.40 per share. The open-market repurchases were completed on March 11, 2026 with Raymond James acting as broker.
The company remains authorized to repurchase an additional $20 million of common stock under Board direction. Management described the buys as part of a disciplined capital management strategy and said future repurchases will depend on market conditions, capital needs, and other considerations.
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Positive
$5.0M repurchase completed on March 11, 2026
438,746 shares repurchased at an average price of $11.40
$20.0M remaining authorization to repurchase additional common stock
Open-market execution via Raymond James as broker
Negative
Future repurchases uncertain because they depend on market conditions and capital needs
News Market Reaction – ACIC
-1.31%
-1.31%Session close to close
In the Mar 18 session, ACIC declined 1.31%, reflecting a mild negative market reaction.
This announcement highlights completion of $5 million in share repurchases at an average price of $1...
Analysis
This announcement highlights completion of $5 million in share repurchases at an average price of $11.40, with another $20 million still authorized. It follows a period of stronger fundamentals, including 2025 net income of $106.8 million and revenue of $335.4 million, plus a $0.75 special dividend. Investors may watch how consistently the company deploys remaining authorization and maintains capital strength, including its reported 1,757% risk‑based capital ratio.
Key Figures
Share repurchases:$5 millionShares repurchased:438,746 sharesAverage repurchase price:$11.40 per share+5 more
8 metrics
Share repurchases$5 millionCompleted common stock buybacks in open market by March 11, 2026
Shares repurchased438,746 sharesTotal shares bought in announced repurchase tranche
Average repurchase price$11.40 per shareAverage price paid in completed buybacks
Remaining authorization$20 millionAdditional common stock repurchases approved by Board and management
Q4 2025 net income$26.6 millionFourth quarter 2025 results from recent earnings release
2025 net income$106.8 millionFull‑year 2025 net income from earnings release
2025 revenue$335.4 millionFull‑year 2025 total revenue, up 13.1% year over year
RBC ratio1,757%Risk‑based capital ratio at December 31, 2025 per 10‑K
Announced participation in several investor conferences to discuss strategy and outlook.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent fundamentally positive events (strong earnings, special dividend) have sometimes seen muted or negative next‑day price reactions, while capital return and investor‑relations events have drawn more constructive responses.
Recent Company History
Over the last several months, American Coastal Insurance Corporation has reported sharply stronger results, with Q4 and full‑year 2025 earnings showing higher net income and revenue and book value per share rising to $6.51. The company also declared a $0.75 special cash dividend and engaged investors through conferences and an upcoming leadership transition. Against this backdrop of improved profitability and capital returns, the new $5 million share repurchase completion continues the theme of returning capital while highlighting management’s confidence.
Key Terms
managing general agent, risk-based capital ratio, restricted stock units, Regulation FD, +1 more
5 terms
managing general agentfinancial
"heavy reliance on managing general agent AmRisc, and extensive use of reinsurance"
A managing general agent is a specialized insurance intermediary that a carrier authorizes to sell and run insurance business on its behalf, including setting prices, issuing policies and handling claims. Think of it as a locally run franchise that operates under the insurer’s brand and rules; investors care because MGAs can boost growth and profit margins by expanding sales and shifting operational costs and risk, which affects an insurer’s revenue, expenses and capital use.
risk-based capital ratiofinancial
"AmCoastal holds Demotech A and Kroll A- financial strength ratings and reported a risk-based capital ratio of 1,757%"
A risk-based capital ratio compares a financial firm's capital (the cushion of money it can lose without collapsing) to its assets after those assets are scaled up or down based on how risky they are. Think of it like measuring how strong a boat's lifeboats are relative to how stormy the water is—higher ratios mean a bigger safety buffer. Investors use it to judge a bank or insurer's ability to survive losses and to predict regulatory pressure or limits on dividends and growth.
restricted stock unitsfinancial
"reported an acquisition of derivative securities in the form of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Regulation FDregulatory
"filed a current report to furnish an investor presentation under Regulation FD"
Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.
combined ratiofinancial
"The combined ratio improved to 58.6% in Q4 2025 from 91.9%"
The combined ratio is a way insurance companies measure how well they are doing by adding up all their costs and claims and comparing them to the money they earn from premiums. If the ratio is below 100%, it means the company is making a profit; if it's above 100%, they are losing money. It helps see if an insurance company is financially healthy or not.
ST. PETERSBURG, Fla., March 17, 2026 (GLOBE NEWSWIRE) -- American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”) the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today the completion of $5 million in common stock share repurchases. Raymond James & Associates, Inc. acted as the broker for these repurchases, which took place in the open market and were completed on March 11, 2026. In total, the Company repurchased 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 under the direction of its Board of Directors and Management team.
“As part of a disciplined capital management strategy, we executed on this initiative consistent with significant improvements in our balance sheet strength and liquidity. American Coastal’s future is very bright, but future repurchases, if any, depend on market conditions, capital needs, and other considerations,” said Brad Martz, President & CEO.
About American Coastal Insurance Corporation: American Coastal Insurance Corporation (amcoastal.com) is the holding company of the insurance carrier, American Coastal Insurance Company, which was founded in 2007 for the purpose of insuring Condominium and Homeowner Association properties, and apartments in the state of Florida. American Coastal Insurance Company has an exclusive partnership for distribution of Condominium Association properties in the state of Florida with AmRisc Group (amriscgroup.com), one of the largest Managing General Agents in the country specializing in hurricane-exposed properties. American Coastal Insurance Company has earned a Financial Stability Rating of “A”, Exceptional’ from Demotech, and maintains an “A-” insurance financial strength rating with a Positive outlook by Kroll. ACIC maintains a ‘BBB-’ issuer rating with a Positive outlook by Kroll.
Contact Information: Alexander Baty Vice President, Finance & Investor Relations, American Coastal Insurance Corporation investorrelations@amcoastal.com (727) 425-8076
Jeremy Hellman Investor Relations, Vice President, The Equity Group jhellman@equityny.com (212) 836-9626
FAQ
What did ACIC announce about its recent share repurchases on March 17, 2026?
ACIC completed $5.0 million in open-market repurchases, buying 438,746 shares at $11.40 average. According to the company, the buys were finished on March 11, 2026 with Raymond James serving as broker.
How many shares did ACIC repurchase and at what average price?
ACIC repurchased 438,746 shares at an average price of $11.40 per share. According to the company, these repurchases were executed in the open market and completed on March 11, 2026.
How much remaining buyback authorization does ACIC have after the $5 million repurchase?
ACIC remains authorized to repurchase an additional $20.0 million of common stock under Board direction. According to the company, that authorization is available for future repurchases subject to capital and market conditions.
Who acted as broker for ACIC's completed share repurchases?
Raymond James & Associates acted as the broker for ACIC's open-market repurchases. According to the company, the broker executed the transactions that were completed on March 11, 2026.
What did ACIC management say about the purpose of the repurchase program?
Management said the repurchases were part of a disciplined capital management strategy tied to improvements in balance sheet strength. According to the company, future repurchases will depend on market conditions and capital needs.
Will ACIC definitely repurchase more shares after this $5 million buyback?
No, future repurchases are not guaranteed and will depend on market conditions, capital needs, and other considerations. According to the company, further buys will be evaluated by the Board and management.
