Hippo anticipates that subsequent events and developments will cause Hippo’s assessments to change. In addition, forward-looking statements reflect Hippo’s expectations, plans, or forecasts of future events and views as of the date of this press release. There may be additional risks and uncertainties that Hippo does not presently know, or that Hippo currently believes are immaterial, that could also cause actual events and timing to differ from those contained in the forward-looking statements. If any of these risks materialize or our assumptions prove incorrect, actual events and timing could differ materially from the events and timing implied by these forward-looking statements. Actual events and circumstances are subject to risks and uncertainties, are difficult or impossible to predict and will differ from assumptions, and many actual events and circumstances are beyond the control of Hippo. These statements are based on the current expectations of Hippo’s management and are not predictions of actual performance. These forward-looking statements include, but are not limited to, the company’s reverse stock split and the expected timing of events related thereto. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Ĭertain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. For more information, including licensing details, visit. Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various affiliated and unaffiliated insurance companies. Hippo Holdings Inc.’s operating subsidiaries include Hippo Insurance Services, Hippo Home Care, First Connect Insurance Services, Spinnaker Insurance Company, Spinnaker Specialty Insurance Company, and Mainsail Insurance Company. Hippo is protecting the joy of homeownership, helping to safeguard customers’ most important financial asset by harnessing the power of real-time data, smart home technology, and a growing suite of home services to deliver proactive home protection. This program does not obligate Hippo to acquire any particular amount of its common stock, and may be modified, suspended or terminated at any time at Hippo’s discretion. Hippo may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Securities Exchange Act of 1934, as amended. Repurchases under the program may be made in the open market, in privately negotiated transactions or otherwise, with the amount and timing of repurchases to be determined at Hippo’s discretion depending on market conditions and corporate needs. (NYSE: HIPO) (“Hippo”), the home insurance group focused on proactive home protection, today announced that its board of directors has authorized a stock repurchase program for up to $50 million of its common stock, effective immediately. Lockdown Legacies and Leave Behinds: The lasting impact of the pandemic on consumer behaviour Pacific West Bank Announces Addition of Team and Market Expansion into Vancouver Donnelly Investment Fund Announces Their Most Lucrative Investment Offering Yet Fineqia Announces Partnership with Paris Blockchain Week to Accelerate Digital Asset Innovation Vertu Capital Raises More Than $300 Million for Its Inaugural Fund The Value of Community in the Crypto Space: Myntfund Navier brings Bitcoin mining to Ethereum with Reactor.Hippo Holdings Inc.
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