MediaAlpha Buys Back $32.9M In 3,234,894 Shares Of Its Class A Common Stock At A Price Of $10.17 Per Share In Deal With Insignia Capital
Author: Benzinga Newsdesk | September 04, 2025 04:11pm
MediaAlpha, Inc. (NYSE:MAX), the leading marketing technology platform powering real-time customer acquisition for the insurance industry, today announced that it has repurchased 3,234,894 shares of its Class A common stock at a price of $10.17 per share (a total of approximately $32.9 million) in a privately negotiated transaction with entities affiliated with Insignia Capital Group, L.P. ("Insignia"). The purchase price represents a discount of approximately 5.5% to the closing price of MediaAlpha's Class A common stock on September 2, 2025.
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