Mount Logan Capital Initiates $15M Tender Offer To Repurchase Common Stock
Benzinga Newsdesk 11 months ago
NewsBuybacks
Tender offer launch expected to occur on or before the end of the first week of January 2026,and closing currently estimated to occur at least 20-business days following launchTender offer price will be $9.43 per share,
Tender offer launch expected to occur on or before the end of the first week of January 2026,
and closing currently estimated to occur at least 20-business days following launch
Tender offer price will be $9.43 per share, as previously announced, representing a 22.5% premium to the closing price of Mount Logan's common stock on December 10, 2025, and an 8% discount to Mount Logan's book equity value as of September 30, 2025
NEW YORK, Dec. 11, 2025 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NASDAQ:MLCI) ("Mount Logan", "MLCI", or the "Company") today announced it has initiated the steps necessary to commence the tender offer to repurchase $15 million of Mount Logan's common stock.