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.

November 13, 2026, 02:03 AM 449 0

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.

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