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0 0.0011114198388441 -0.000277854959710976 0 0.00583495415393167 0.00583495415393167 0.00583495415393167 0.00583495415393167
Stock impact report

Slide Insurance (SLDE) Completes $120 Million Share Buyback [Yahoo! Finance]

Slide Insurance Holdings, Inc. (SLDE) 
Company Research Source: Yahoo! Finance
On March 24, Slide Insurance Holdings Inc. (NASDAQ:SLDE) reported the completion of its first $120 million common stock repurchase program. Following this, another common stock repurchase plan of $125 million has been approved by the company's board of directors. Pixabay/Public Domain This new mandate has an open-ended timeline and goes into effect immediately. According to the firm, these repurchases are subject to modifications, suspensions, or discontinuation at any given moment. Back on February 26, Morgan Stanley increased the price target on Slide Insurance Holdings Inc. (NASDAQ:SLDE) from $21 to $22 while maintaining an Overweight rating on the stock. After the fourth quarter earnings, Morgan Stanley revised the targets for the P&C Insurance sector with the observation that shares of insurance firms showing high underwriting differentiation will perform well. The firm also stated that margin resilience is very important at this stage, given the expectation that prices Show less Read more
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