In section Market Quotes

MediaAlpha Buys Back $16 Million in Stock From White Mountains Affiliate

MediaAlpha repurchased 1.13 million shares from an affiliate of White Mountains Insurance Group for about $16 million, paying $14.15 a share—roughly 5.5% below the stock’s Wednesday closing price.

By Money Talk·November 13, 2026·2 min read·193 reads

MediaAlpha Buys Back $16 Million in Stock From White Mountains Affiliate

Chief Financial Officer Tigran Sinanyan said the company bought the shares at a discount because it is confident in MediaAlpha’s strategy, execution and multi-year growth prospects. He added that the company expects to continue engaging in buybacks.

White Mountains remains MediaAlpha’s largest shareholder, with an approximately 19% stake after the transaction.

MediaAlpha Buys Back $16 Million in Stock From White Mountains Affiliate

Comments (0)