#Tender Offer #Bermuda #Hamilton #White Mountains #NYSE WTM

White Mountains Insurance Group Tender Offer Results

On December 24, 2025, White Mountains Insurance Group, Ltd. (NYSE: WTM) announced the conclusive results of its `modified Dutch auction` tender offer that concluded recently. The tender offer reached its expiration at midnight on December 19, 2025, New York City time.

According to the final tally provided by the depositary for this tender offer, a total of 64,064 shares were submitted for purchase and not withdrawn at the final purchase price of $2,050.00 per share. In total, the company will spend around $131.3 million to acquire these shares. Notably, the shares being repurchased represent approximately 2.5% of the fully diluted shares that were outstanding as of November 19, 2025.

This significant buyback indicates the company’s strategy to optimize its capital structure and reflects its commitment to returning value to shareholders. The shares bought through this tender offer will soon be paid for. Once these transactions are processed, White Mountains expects to have around 2,479,677 common shares left outstanding immediately following the completion of the payments for the validly tendered shares.

Shareholder Communications

For shareholders needing more details about the tender offer or who have any questions, they can reach out to the information agent, D.F. King & Co., via telephone at (800) 821-2712 (toll-free) or by email at [email protected]. Furthermore, the dealers managing this tender offer are BofA Securities, Inc. and Barclays Capital Inc.

Forward-Looking Statements

In the press release, White Mountains cautioned that it contains `forward-looking statements`. It is important to recognize that these statements address the potential future outlook of the company and are contingent upon various risks and uncertainties, including market conditions and changes in regulations, among others. Some of these forward-looking statements include expectations about business opportunities, financial performance, and market developments.

Given the unpredictability of the investment climate, actual results may vary significantly from these forward-looking thrusts due to numerous factors, including changes in laws and economic or business conditions, alongside competition and potential claims stemming from catastrophic events.

Conclusion

The information provided by White Mountains underscores a significant moment in its operational timeline, aimed at reinforcing the value proposition for its shareholders while also navigating the challenging landscape of the financial markets. The firm, which is publicly traded not only on the New York Stock Exchange under the symbol `WTM` but also on the Bermuda Stock Exchange with `WTM-BH`, continues to be a player of note in the insurance and financial services arena.