Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 41

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1
Chunk 41
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 new authorization. During the
year ended December 31, 2022, we completed the repurchase of 214,937 shares of our common stock for $3,446 to close out this authorization.

On May 9, 2022, our Board of Directors approved
an authorization for the repurchase of up to approximately $10,000 of the Company’s outstanding common stock. During the year ended
December 31, 2022, we completed the repurchase of 54,223 shares of our common stock for $734 under this authorization. During the year
ended December 31, 2023, we repurchased an additional 548,549 shares of our common stock for $7,278, including the effect from applicable
excise taxes. During the year ended December 31, 2024, we did not repurchase any shares of our common stock. At December 31, 2024, $2,052
remains available under this authorization.

Share repurchase activity during the three months ended December
31, 2024, is presented below:

    Period in 2024 
    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)(3) 
(in thousands) 
  
    October 1 – 31, 2024 
     —  
    $—  
     —  
    $2,052 
  
    November 1 – 30, 2024 
     —  
     —  
     —  
     2,052 
  
    December 1 – 31, 2024 
     —  
     —  
     —  
     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,