HIPO - Hippo announces $50M buyback
2023-03-13 09:37:32 ET
- Home insurance group focused on proactive home protection, Hippo ( NYSE: HIPO ) has authorized a stock repurchase program for up to $50Mof its common stock, effective immediately.
- The company has a market cap of ~$309M with a 71% decline seen in price over the last one year.
- The company gets a Quant rating of Sell on SA with lowest grades given to profitability and momentum.
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Hippo announces $50M buyback