Company: NODK
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001174947-25-000721
Chunk: 273

Company: NI Holdings, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part II, Item 1A
Chunk 273
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 stock for $7,278, including the effect from applicable excise taxes. During
the year ended December 31, 2024, or the three months ended March 31, 2025, we did not repurchase any shares of our common stock. At March
31, 2025, $2,052 remains available under this authorization.

Share repurchase activity during the three months ended March 31, 2025,
is presented below:

    Period in 2025 
    Total Number of 
Shares
 Purchased  
    Average Price 
Paid
Per Share(3)  
    Total Number of 
Shares Purchased 
as Part of Publicly 
Announced Plans
 or Programs (1)  
    Maximum Approximate 
Dollar Value of Shares 
That May Yet Be 
Purchased Under the 
Plans or Programs (2) 
(in thousands) 
  
    January 1 – 31, 2025 
     —  
    $—  
     —  
    $2,052 
  
    February 1 – 28, 2025 
     —  
     —  
     —  
     2,052 
  
    March 1 – 31, 2025 
     —  
     —  
     —  
     2,052 
  
    Total 
     —  
    $—  
     —  
    $2,052 

(1)Shares purchased pursuant to the May 9, 2022, publicly announced share repurchase authorization of up to approximately $10,000 of
the Company’s outstanding common stock.

(2)Maximum dollar value of shares that may yet be purchased consist of up to approximately $2,052 under the May 9, 2022, publicly announced
share repurchase authorization.

(3)The Inflation Reduction Act of 2022 imposed a 1% excise tax on the net value of certain share repurchases made after December 31,
2022. All dollar amounts presented exclude such excise taxes, as applicable.	

43 

Item 3. - Defaults upon Senior Securities

Not Applicable

Item 4. - Mine Safety Disclosures

Not Applicable

Item 5. - Other Information

10b5-1 Trading Plans

During the first quarter of 2025, none of our directors or executive
officers (as defined in Rule