StocksMedium•12 November 2026•
1 min read
MediaAlpha Repurchases 1.13 Million Shares from White Mountains for $16 Million
Key Facts
1MediaAlpha announced the repurchase of 1.13 million shares of its Class A common stock.
2The repurchase was made from an affiliate of White Mountains Insurance Group, Ltd. for approximately $16.0 million.
MediaAlpha announced the repurchase of 1.13 million shares of its Class A common stock from an affiliate of White Mountains Insurance Group, Ltd. GlobeNewswire reported that the private transaction was valued at approximately $16.0 million, with shares repurchased at a price of $14.15 per share.
The repurchase was executed at a discount of approximately 5.5% to the closing price on November 11, 2026. On that date, MAX shares closed at $14.97, while WTM shares closed at $2259.75. Chief Financial Officer Tigran Sinanyan stated that the opportunistic buyback reflects confidence in the company's execution and multi-year growth prospects.