Company: TIPT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393726-25-000076
Chunk: 210

Company: TIPTREE INC.
Filing Date: 2025-07-30
Form: 10-Q
Item: Part II, Item 8
Chunk 210
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)    Includes $4,071 and $6,911 for the three months ended June 30, 2025 and 2024, respectively, and $7,892 and $11,289 for the six months ended June 30, 2025 and 2024, respectively, related to Insurance.Other ExpensesThe following table presents the components of other expenses as reported in the condensed consolidated statement of operations:Three Months Ended June 30, Six Months EndedJune 30, 2025202420252024General and administrative$12,593 $10,330 $23,151 $20,851 Professional fees8,875 6,218 19,965 15,296 Premium taxes5,335 5,744 10,700 11,119 Mortgage origination expenses3,671 3,320 7,373 6,480 Rent and related3,994 4,348 7,966 8,264 Other4,303 5,590 10,454 14,406 Total other expenses$38,771 $35,550 $79,609 $76,416 

F-40

Table of ContentsTIPTREE INC. AND SUBSIDIARIESNotes to Condensed Consolidated Financial StatementsJune 30, 2025(in thousands, except share data)

(15) Stockholders' Equity

Stock RepurchasesThe Board of Directors authorized the Company to make repurchases of up to $20,000 of shares of the Company’s outstanding common stock in the aggregate, at the discretion of the Company’s Executive Committee. There were no shares repurchased during the six months ended June 30, 2025. As of June 30, 2025, the remaining repurchase authorization was $11,945.DividendsThe Company declared cash dividends per share for the following periods presented below:Dividends per share for theSix Months EndedJune 30, 20252024First quarter$0.06 $0.06 Second quarter0.06 0.06 Total cash dividends declared$0.12 $0.12 Fortegra Non-Controlling InterestsOn June 21, 2022, the Company closed the WP Transaction. On that date, Fortegra converted to a Delaware corporation and Warburg made a $200,000 investment in Fortegra in exchange for Fortegra Common Stock, Fortegra Preferred Stock, Fortegra