When was the $50 million buyback authorization approved?

TWFG's Board of Directors authorized the $50 million repurchase program during the first quarter of 2026. The filing does not specify the exact date of the Board meeting, only that it occurred sometime in Q1 2026.

How much of the authorization has been executed?

As of June 30, 2026, approximately $43.3 million (86.6%) of the $50 million authorization had been repurchased. In Q2 alone, the company repurchased 2,252,349 shares for approximately $42.9 million. Only $7.1 million remains available under the current program.

What was the average price paid per share?

Based on the disclosed figures, the company repurchased 2,252,349 shares for approximately $42.9 million in Q2, implying an average price of roughly $19.04 per share in that quarter. The filing does not break out the average price for the full first-half program.

Does the filing disclose the buyback method (Rule 10b-18, ASR, etc.)?

No. The filing does not specify whether TWFG executed the repurchase under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase agreement, a 10b5-1 plan, or another mechanism. Only the total dollar amount and share count are disclosed in the earnings release.

TWFG 8-K Filed 2026-08-05 New authorization

TWFG authorizes $50M share repurchase program; executes $43.3M in first half 2026

Insurance distribution company approved buyback during Q1 2026; nearly depleted authorization through aggressive execution. $7.1M remains available.

Authorization$50M

Remaining$7M

MechanismNot specified

What the filing says

During the first quarter of 2026, TWFG, Inc.'s Board of Directors authorized a share repurchase program of up to $50.0 million of the Company's Class A common stock. The authorization reflects the Board's confidence in TWFG's long-term growth outlook, strong cash generation profile and disciplined capital allocation framework.

As of June 30, 2026, TWFG had repurchased approximately $43.3 million under the program, with approximately $7.1 million remaining available for future repurchases. During the second quarter alone, the Company used approximately $42.9 million to repurchase 2,252,349 shares, indicating rapid execution of the authorization. The program does not obligate the Company to repurchase any specific number of shares and may be suspended or discontinued at any time.

At the time of authorization, TWFG reported unrestricted cash and cash equivalents of $73.7 million as of June 30, 2026, and maintained full unused capacity of $50.0 million on its revolving credit facility. The company's execution of the repurchase program coincided with strong financial performance: net income of $17.3 million in Q2 2026 and an Adjusted EBITDA Margin of 30.4%, compared to 25.1% in the prior-year quarter.

During the first quarter of 2026, the Company's Board of Directors authorized a share repurchase program of up to $50.0 million of the Company's Class A common stock. The authorization reflects the Board's confidence in TWFG's long-term growth outlook, strong cash generation profile and disciplined capital allocation framework. As of June 30, 2026, the Company had repurchased approximately $43.3 million under the program, with approximately $7.1 million remaining available for future repurchases. — TWFG, Inc. 8-K filing · View on SEC EDGAR →

What this means

TWFG's board authorized a $50 million buyback in Q1 2026 and executed aggressively in the first half, deploying 86.6% of the authorization by end-of-Q2. The $42.9 million deployed in Q2 alone on 2.25 million shares implies an average price near $19 per share. With $7.1 million remaining, the buyback represents a material capital deployment for a company with roughly 13.1 million diluted shares outstanding at mid-year. The rapid execution suggests confidence in valuation and cash generation. However, without disclosed execution mechanism details (Rule 10b-18, ASR, or otherwise), the filing provides limited granularity on buyback method or timing.

Frequently asked questions

When was the $50 million buyback authorization approved?: TWFG's Board of Directors authorized the $50 million repurchase program during the first quarter of 2026. The filing does not specify the exact date of the Board meeting, only that it occurred sometime in Q1 2026.
How much of the authorization has been executed?: As of June 30, 2026, approximately $43.3 million (86.6%) of the $50 million authorization had been repurchased. In Q2 alone, the company repurchased 2,252,349 shares for approximately $42.9 million. Only $7.1 million remains available under the current program.
What was the average price paid per share?: Based on the disclosed figures, the company repurchased 2,252,349 shares for approximately $42.9 million in Q2, implying an average price of roughly $19.04 per share in that quarter. The filing does not break out the average price for the full first-half program.
Why is TWFG buying back stock?: According to the filing, the authorization reflects the Board's confidence in TWFG's long-term growth outlook, strong cash generation profile, and disciplined capital allocation framework. The company posted net income of $17.3 million and Adjusted EBITDA Margin of 30.4% in Q2 2026.
Can TWFG suspend or increase the buyback program?: Yes. The filing explicitly states that the program does not obligate the Company to repurchase any specific number of shares and may be suspended or discontinued at any time. Any increase would require Board approval of a new or expanded authorization.
Does the filing disclose the buyback method (Rule 10b-18, ASR, etc.)?: No. The filing does not specify whether TWFG executed the repurchase under Rule 10b-18 open-market purchases, an Accelerated Share Repurchase agreement, a 10b5-1 plan, or another mechanism. Only the total dollar amount and share count are disclosed in the earnings release.

authorization execution insurance rule-10b-18 mid-cap

Source. This editorial summary is based on the SEC filing linked above. BuybackStocks aggregates and editorializes publicly available SEC EDGAR filings. Not investment advice. Past authorization announcements do not guarantee future repurchase activity or share price performance. See our full disclosures policy.