Hippo stock news

On September 11, 2026, Hippo Holdings Inc. (NYSE: HIPO) announced that its Board of Directors has authorized a share repurchase program of up to $50 million of its outstanding common stock. The authorization, which extends through December 31, 2027, underscores management's confidence in the company's capital position and its strategic trajectory toward sustained GAAP profitability. The repurchases are intended to enhance shareholder value and offset dilution from equity--based compensation. The company indicated it will provide a comprehensive update on its capital allocation strategy and third--quarter performance during its next earnings call, scheduled for November 12, 2026.