NasdaqGS:PLMRInsurance
How Might Palomar (PLMR)'s Buyback Reveal Shifts in Its Specialty Insurance Growth Ambitions?
Earlier this month, Palomar Holdings reported strong second quarter results with revenue rising to US$203.31 million and net income reaching US$46.53 million, alongside the announcement of a US$150 million share repurchase program set to run through July 2027.
The combination of robust earnings growth and a major buyback underscores management’s focus on reinforcing capital efficiency and shareholder returns.
We'll explore how the new buyback authorization could influence Palomar's...