Tranche Update on AMERISAFE, Inc.'s Equity Buyback Plan announced on March 1, 2010.
February 21, 2024 at 04:20 pm EST
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From October 1, 2023 to December 31, 2023, the company has repurchased 46,741 shares, representing 0.24% for $2.17 million. With this, the company has completed the repurchase of 1,569,440 shares, representing 8.38% for $36.89 million under the buyback announced on March 1, 2010.
AMERISAFE, Inc. is an insurance holding company that provides workers compensation insurance. The Company is focused on the small to mid-sized employers engaged in hazardous industries, construction, trucking, logging and lumber, agriculture and manufacturing. Construction includes highway and bridge construction, building and maintenance of pipeline and powerline networks, excavation, commercial construction, roofing, iron and steel erection, tower erection and other specialized construction operations. Trucking includes contract haulers, regional and local freight carriers, special equipment transporters and other trucking companies. The Logging and Lumber includes tree harvesting, tree trimming, sawmills, and other operations associated with lumber and wood products. The Companyâs workers compensation insurance policies provide benefits to injured employees for, among other things, temporary or permanent disability, death, and medical and hospital expenses.
AMERISAFE, INC. 
