EX-99.1 2 slde-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Slide Announces New Stock Repurchase Program of $100 Million TAMPA, Fla., April 28, 2026 - Slide Insurance Holdings, Inc. (“Slide” or the “Company”) (Nasdaq: SLDE) today announced that its Board of Directors has authorized a new common stock repurchase program of $100 million. The authorization is effective immediately, has no time limit, and may be modified, suspended or discontinued at any time. “The Board’s authorization of this new stock repurchase program demonstrates our continued confidence in Slide’s strategic direction, exceptional underwriting performance and strong financial foundation,” said Bruce Lucas, Chairman and Chief Executive Officer of Slide. “Our business consistently generates substantial free cash flow while we maintain ample capital to support our long-term growth initiatives. As a result, our strong capital position enables us to strategically repurchase shares when market conditions continue to present attractive opportunities, allowing us to enhance shareholder value over time.” Under the current $125 million program, as of April 28, 2026, Slide has repurchased 6,240,335 common shares at a we…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
Slide Insurance Holdings, Inc.
SLDENASDAQEQUITYCurrent
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On April 28, 2026, Slide Insurance Holdings, Inc. (the “Company”) announced that its Board of Directors has authorized a common stock repurchase program for an aggregate authorization of up to $100 million.…
Company context
We are focused on delivering strong and consistent underwriting results, with a proven track record of profitability. We believe our proprietary AI-driven data analytics and underwriting process allows us to better select insurance policies, including those we assume from Citizens and other private insurers, leading to strong risk-adjusted returns. We focus on profitability of each individual policy and focus on writing profitable business in our markets. In addition, we have a full stack, vertically integrated platform with key functions managed in-house including underwriting, actuarial analysis, risk management, claims, product development and litigation. This allows us to manage risk, limit losses and provide consistent and quality customer service to our policyholders. Our integrated claims services model allows us to quickly assess claims and limit additional damage by remediating any potential issues, further allowing us to control loss costs following an event. As a result of our integrated and technology-enabled approach, for the years ended December 31, 2023 and 2024, we generated a consolidated net-attritional loss ratio, which we define as direct and assumed loss and loss adjustment expense, excluding catastrophe losses, less any reinsurance recoveries, divided by net premiums earned, of 34.1% and 26.2%, respectively.