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IGI Announces New 5 Million Share Repurchase Authorization

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IGI Announces New 5 Million Share Repurchase Authorization

Meet Your ETF AI Analyst

International General Insurance Holdings ( (IGIC) ) has issued an announcement.

On November 5, 2025, International General Insurance Holdings Ltd. announced a new authorization to repurchase up to 5 million of its common shares, replacing a previous authorization of 7.5 million shares that has been fully utilized. This move indicates IGI’s commitment to managing its capital structure and potentially enhancing shareholder value, depending on market conditions and other business considerations.

The most recent analyst rating on (IGIC) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on International General Insurance Holdings stock, see the IGIC Stock Forecast page.

Spark’s Take on IGIC Stock

According to Spark, TipRanks’ AI Analyst, IGIC is a Outperform.

IGIC’s overall stock score is strong at 78.6, driven primarily by its solid financial performance, robust valuation, and positive earnings call insights. The company’s effective cost management, zero debt, strong equity growth, and strategic market expansion underline its resilience in a competitive and challenging market environment. However, the absence of current cash flow data presents a minor limitation. Technical indicators suggest a stable to slightly positive trend, further supporting the stock’s attractiveness.

To see Spark’s full report on IGIC stock, click here.

More about International General Insurance Holdings

International General Insurance Holdings Ltd. (IGI) is an international specialty risks commercial insurer and reinsurer, underwriting a diverse portfolio of specialty lines. Established in 2001, IGI offers services in sectors such as energy, property, general aviation, construction, marine cargo, political violence, and more. The company operates globally with offices in Bermuda, London, Malta, Dubai, Amman, Oslo, Kuala Lumpur, and Casablanca, and is rated ‘A’ by AM Best and S&P Global Ratings.

Average Trading Volume: 82,256

Technical Sentiment Signal: Hold

Current Market Cap: $935.4M

See more insights into IGIC stock on TipRanks’ Stock Analysis page.

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