NI Holdings (NASDAQ: NODK) unveils new share repurchase plan
Rhea-AI Filing Summary
NI Holdings, Inc. filed a current report to disclose that on August 25, 2025 it issued a press release announcing a share repurchase plan. This type of plan allows the company to buy back its own common stock, which can reduce the number of shares in the market and change how ownership is distributed.
The specific terms of the buyback, such as the total dollar amount, number of shares, or timing, are described in the referenced press release, which is attached as Exhibit 99.1 to the report.
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FAQ
What did NI Holdings (NODK) report in this 8-K filing?
NI Holdings reported that on August 25, 2025 it issued a press release announcing a share repurchase plan, and it attached that press release as Exhibit 99.1.
What is the main purpose of NI Holdings' share repurchase plan?
The filing explains that NI Holdings announced a share repurchase plan, which is a program under which the company may buy back shares of its common stock, potentially reducing shares available in the market.
Where can investors find details of NI Holdings (NODK) repurchase plan?
Details of the share repurchase plan are contained in the press release dated August 25, 2025, which is attached to the report as Exhibit 99.1 and incorporated by reference.
Which security of NI Holdings is affected by the repurchase plan?
The report identifies NI Holdings' Common Stock, $0.01 par value per share, traded under the symbol NODK on the Nasdaq Capital Market, as the listed security. The repurchase plan relates to the company’s common stock.
Does this NI Holdings (NODK) 8-K include financial statements?
The report lists exhibits under Item 9.01, including the press release as Exhibit 99.1 and the cover page interactive data file as Exhibit 104, but it does not provide separate financial statements in the excerpt.