Universal Insurance announces additional share repurchase

theflyonthewall.com

Universal Insurance Holdings announced that it has repurchased 241,933 shares of the company's common stock in a privately negotiated transaction with Norman Meier, the former Secretary and a former director of the company, at $7.57 per share. The repurchase price represents a discount of 10.4% from yesterday's closing price of the company's common stock.

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