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Stock impact report

HCI Group Board Authorizes $20 Million Stock Repurchase Program for 2018

HCI Group, Inc. (HCI) 
Last hci group, inc. earnings: 3/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hcigroup.com
Company Research Source: GlobeNewswire
TAMPA, Fla., Dec. 06, 2017 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE:HCI), a holding company primarily engaged in homeowners insurance, with additional operations in reinsurance, real estate and information technology, has authorized a program to repurchase up to $20 million of the company’s common shares during 2018, subject to market conditions.    The program permits the company to periodically repurchase shares for cash in open market purchases, block transactions and privately negotiated transactions in accordance with applicable federal securities laws. In addition, the stock repurchase program may be modified, suspended, terminated or extended by the company any time without prior notice. About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners’ insurance, reinsurance, real estate and information technology services. The company's largest subsidiary, Homeowners Choice Pro Show less Read more
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