What did Kingstone (KINS) announce about its share repurchase program on May 19, 2026?

Kingstone announced Board authorization to repurchase up to 1,000,000 common shares over two years. According to Kingstone, this equals about 6.9% of shares outstanding on March 31, 2026, and is intended to complement growth investments and its quarterly dividend.

How large is the Kingstone (KINS) share buyback as a percentage of outstanding shares?

The Kingstone buyback covers up to approximately 6.9% of outstanding common stock. According to Kingstone, the program authorizes repurchase of up to 1,000,000 shares based on shares outstanding as of March 31, 2026, over a two-year period.

Over what period will Kingstone (KINS) conduct its 1,000,000-share repurchase program?

Kingstone’s share repurchase program has a term of two years. According to Kingstone, buybacks may occur from time to time during this period via open market purchases, private negotiations, block trades, or Rule 10b5-1 trading plans.

How will Kingstone (KINS) execute its share repurchases under the new program?

Kingstone may repurchase shares via open market purchases, privately negotiated deals, and block transactions. According to Kingstone, transactions can also use Rule 10b5-1 trading plans and will follow Rule 10b-18 and the company’s insider trading policy.

What factors will influence the timing of Kingstone (KINS) share repurchases?

Repurchase timing will be set at management’s discretion based on multiple conditions. According to Kingstone, key factors include market conditions, the company’s share price, regulatory requirements, liquidity needs, and other considerations over the two-year program term.

Kingstone Announces Share Repurchase Program of up to 1,000,000 Shares

Kingstone (Nasdaq: KINS) authorized a share repurchase program for up to 1,000,000 common shares, about 6.9% of shares outstanding as of March 31, 2026.

Rhea-AI Impact

(High)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Kingstone (Nasdaq: KINS) authorized a share repurchase program for up to 1,000,000 common shares, about 6.9% of shares outstanding as of March 31, 2026.

The program runs for two years, with buybacks at management’s discretion and no obligation to repurchase a set amount.

Positive

Authorization to repurchase up to 1,000,000 shares, about 6.9% of outstanding stock
Two-year buyback window provides flexibility in timing repurchases
Board and CEO emphasize confidence in long-term shareholder value and franchise
Buyback designed to complement ongoing investments in growth and quarterly dividend

Negative

Program does not require Kingstone to repurchase any minimum number of shares
Repurchases are subject to market conditions, liquidity needs, and regulatory factors, limiting certainty
Program may be modified, suspended, or discontinued at any time without prior notice

Argus May 19 session

+0.26% close to close Open Argus

Details

News Market Reaction – KINS

In the May 19 session, KINS gained 0.26%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement authorized repurchases of up to 1,000,000 shares, or 6.9% of outstanding stock, ov...

Analysis

This announcement authorized repurchases of up to 1,000,000 shares, or 6.9% of outstanding stock, over two years, adding a flexible capital‑return tool alongside the quarterly dividend. It follows record 2025 profitability, growth initiatives including California expansion, and recent catastrophe‑impacted Q1 results. Investors may track how actively management uses the buyback near 21.94% below the 52‑week high, while monitoring underwriting performance and adherence to stated long‑term targets.

Key Figures

Buyback authorization: 1,000,000 shares Portion of float: 6.9% of outstanding shares Program duration: 2 years +5 more

Buyback authorization: 1,000,000 shares; Maximum shares under new repurchase program
Portion of float: 6.9% of outstanding shares; Share repurchase capacity as of March 31, 2026
Program duration: 2 years; Term of authorized share repurchase program
Current price: $15.16; Pre-news price vs 52-week range
52-week high discount: -21.94%; Price vs 52-week high of $19.42
52-week low premium: 15.9%; Price vs 52-week low of $13.08
Today’s move: 2.71%; Pre-news 24h price change
Market capitalization: $213,796,253; Equity value prior to buyback announcement

Historical Context

5 past events · Latest: May 07

5 events

May 07
Q1 2026 earnings

24h Move

-4.0%

Catastrophe-driven Q1 loss despite strong premium growth and reaffirmed guidance.
Apr 27
Dividend declaration

24h Move

+0.2%

Board declared a quarterly cash dividend of $0.05 per share.
Apr 20
CEO contract extension

24h Move

-7.4%

Extended CEO Meryl Golden’s agreement to 2029 tied to growth ambitions.
Apr 16
Earnings schedule

24h Move

+0.4%

Announced timing and access details for Q1 2026 results call.
Apr 08
California partnership

24h Move

+3.0%

Partnered with ZestyAI to support wildfire analytics for California entry.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, open market purchases, block transactions, rule 10b5-1, +1 more

5 terms

open market purchases financial

"Repurchases under the program may be made from time to time through open market purchases, privately negotiated transactions"

Open market purchases are buys of a company’s shares (or other securities) made on public exchanges at prevailing market prices rather than through private deals. For investors this matters because when a company buys back its own stock it reduces the number of shares available, which can boost per-share earnings and often signals management’s confidence; it also affects supply, demand and short-term liquidity much like someone quietly buying up items from a crowded marketplace.

block transactions financial

"through open market purchases, privately negotiated transactions, block transactions, and transactions effected pursuant"

Block transactions are very large buys or sells of a company’s shares executed in a single deal or a small number of deals, often arranged privately or through special trading desks rather than the public order book. They matter to investors because they can move the stock price, change supply and demand suddenly, and signal that a large holder or institution is entering or exiting a position—like a single ship loading or unloading a whole season’s worth of cargo into a harbor.

rule 10b5-1 regulatory

"transactions effected pursuant to trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

rule 10b-18 regulatory

"The Company intends to effect repurchases in compliance with Rule 10b-18 of the Securities Exchange Act of 1934"

Rule 10b-18 is a regulation that sets strict rules for how a company's executives and employees can buy back their own company's stock from the market. It helps ensure that these buybacks happen in a fair and transparent way, reducing the chance of market manipulation. This is important for investors because it offers protection against unfair practices and promotes confidence in the integrity of the stock market.

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

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05/19/2026 - 08:30 AM

KINGSTON, N.Y., May 19, 2026 (GLOBE NEWSWIRE) -- Kingstone Companies, Inc. (Nasdaq: KINS) (“Kingstone” or the “Company”), a regional property and casualty insurance holding company, today announced that its Board of Directors (the “Board”) has authorized a share repurchase program under which the Company may repurchase up to 1,000,000 shares of its outstanding common stock, representing approximately 6.9% of the Company’s outstanding common stock as of March 31, 2026, over the next two years.

Meryl Golden, President and Chief Executive Officer of Kingstone, stated, “This authorization reflects the Board’s confidence in the Kingstone franchise we have built and the trajectory ahead of us. Share repurchases under this program are intended to complement our investments in profitable growth and our quarterly dividend. We will continue to allocate capital with discipline, prioritizing the highest-return uses we see in our business. We remain confident in the long-term value we are creating for our shareholders.”

Repurchases under the program may be made from time to time through open market purchases, privately negotiated transactions, block transactions, and transactions effected pursuant to trading plans intended to qualify under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The Company intends to effect repurchases in compliance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policy. The timing and total amount of any repurchases will be determined at management’s discretion based on its evaluation of market conditions, the Company’s share price, regulatory requirements, the Company’s liquidity needs, and other factors. The program has a term of two years, does not obligate the Company to acquire any specific number of shares, and may be modified, suspended, or discontinued at any time without prior notice.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements involve risks and uncertainties that could cause actual results to differ materially from those included in forward-looking statements due to a variety of factors. For more details on factors that could affect expectations, see Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2025.

Kingstone undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About Kingstone Companies, Inc.

Kingstone is a regional property and casualty insurance holding company whose principal operating subsidiary is Kingstone Insurance Company ("KICO"). KICO is a New York domiciled carrier writing business through retail and wholesale agents and brokers. Kingstone delivers tailored homeowners insurance solutions through its sophisticated product suite, Select, supported by a scalable and efficient operating platform that enables the Company to pursue significant market opportunities and strategic expansion. KICO was the 11th largest writer of homeowners insurance in New York in 2025 and is also licensed in New Jersey, Rhode Island, Massachusetts, Connecticut, Pennsylvania, New Hampshire, and Maine.

Investor Relations Contact

Elevate IR

KINS@elevate-ir.com

720-330-2829

FAQ

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

Is Kingstone (KINS) required to repurchase all 1,000,000 shares under its buyback authorization?

Kingstone is not obligated to repurchase any specific number of shares. According to Kingstone, the program is fully discretionary and may be modified, suspended, or discontinued at any time without prior notice, depending on various business and market factors.

Kingstone Announces Share Repurchase Program of up to 1,000,000 Shares