American Coastal Insurance Corporation Announces the Completion of $5 Million in Common Stock Share Repurchases

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.

Rhea-AI Summary

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.

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

Argus Mar 18 session

-1.31% close to close 0.6x rel. volume Open Argus

Details

News Market Reaction – ACIC

On Mar 18, the first trading day after this news, ACIC closed 1.31% below the previous close.

Data tracked by StockTitan Argus for the Mar 18 session.

Key Figures

Share repurchases: $5 million Shares repurchased: 438,746 shares Average repurchase price: $11.40 per share +5 more

Share repurchases

$5 million

Completed common stock buybacks in open market by March 11, 2026

Shares repurchased

438,746 shares

Total shares bought in announced repurchase tranche

Average repurchase price

$11.40 per share

Average price paid in completed buybacks

Remaining authorization

$20 million

Additional common stock repurchases approved by Board and management

Q4 2025 net income

$26.6 million

Fourth quarter 2025 results from recent earnings release

2025 net income

$106.8 million

Full‑year 2025 net income from earnings release

2025 revenue

$335.4 million

Full‑year 2025 total revenue, up 13.1% year over year

RBC ratio

1,757%

Risk‑based capital ratio at December 31, 2025 per 10‑K

Historical Context

5 past events · Latest: Feb 20

5 events

1. Feb 20

   Leadership change

   24h Move

   -1.8%

   Named Troy Crawford Chief Underwriting Officer, consolidating underwriting leadership.

2. Feb 19

   Earnings results

   24h Move

   -2.2%

   Reported higher 2025 net income, revenue growth, and improved combined ratios.

3. Feb 09

   Earnings call setup

   24h Move

   +1.5%

   Scheduled Q4 and full‑year 2025 results release and investor conference call.

4. Dec 01

   Special dividend

   24h Move

   +2.3%

   Declared $0.75 per share special cash dividend and an executive fireside chat.

5. Nov 20

   Investor conferences

   24h Move

   +4.2%

   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.

Key Terms

managing general agent, risk-based capital ratio, restricted stock units, Regulation FD, +1 more

5 terms

managing general agent financial

"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 ratio financial

"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 units financial

"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 FD regulatory

"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 ratio financial

"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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.