HORACE MANN EDUCATORS CORP /DE/
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
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Unregistered Sales of Equity Securities and Use of Proceeds
Issuer Purchases of Equity Securities
On May 13, 2025, our Board of Directors authorized a share repurchase program allowing repurchases of up to $50 million (i.e., the 2025 Program) to begin following the completion of the current $50 million repurchase plan which was authorized on May 25, 2022 (i.e., the 2022 Program). Both Programs authorize the repurchase of our common shares in open market or privately negotiated transactions, from time to time, depending on market conditions. The Programs do not have expiration dates and may be limited or terminated at any time without notice. During the three months ended March 31, 2026, the 2022 Program was completed and we began repurchasing shares under the 2025 Program.
During the three months ended March 31, 2026, we repurchased shares under the Programs as follows:
| Period · Total Numberof SharesPurchased · Average PricePaid per Share · Total Number of Shares Purchasedunder the Program · Approximate Dollar Value of Shares that may yet bePurchased under the Program | |||||
|---|---|---|---|---|---|
| January 1 - 31 | 140,168 | $43.38 | 140,168 | $49.5 | million |
| February 1 - 28 | 154,704 | 43.15 | 154,704 | $42.8 | million |
| March 1 - 31 | 127,074 | 42.64 | 127,074 | $37.4 | million |
| Total | 421,946 | $43.07 | 421,946 | $37.4 | million |
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