MediaAlpha buys back $16 million in shares from White Mountains affiliate
MAX•MediaAlpha repurchased 1,130,000 shares from a White Mountains affiliate for approximately $16 million, at $14.15 per share. Buybacks since July 2025 totaled $131 million, representing approximately 18% of shares outstanding at that time.
1. Share repurchase
MediaAlpha repurchased 1,130,000 shares of Class A common stock from a White Mountains affiliate for approximately $16 million. The $14.15-per-share price was an approximately 5.5% discount to the November 11, 2026, closing price, and the shares will be canceled and retired. Total buybacks since July 2025 reached $131 million, representing approximately 18% of shares outstanding at that time.
