Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: Our common stock is listed on the Nasdaq stock exchange under the symbol "NMIH." On February 9, 2024, there were 80,879,843 shares of our Class A common stock outstanding and approximately twelve holders of record.
−Removed: There are no shares of our Class B common stock outstanding.
+Added: Our common stock is listed on the Nasdaq stock exchange under the symbol “NMIH.” On February 10, 2025, there were 78,452,097 shares of our common stock outstanding and approximately ten holders of record.
The closing price of our common stock on Nasdaq on February 10, 2025 was $36.48.
12 unchanged sentences
(1) On February 10, 2022, our Board of Directors approved a $125 million share repurchase program effective through December 31, 2023, excluding associated costs and applicable taxes.
−Removed: On July 31, 2023, our Board of Directors approved an extension of the $125 million repurchase program through December 31, 2025.
−Removed: The Board also approved a new $200 million share repurchase program (excluding associated costs and applicable taxes) effective through December 31, 2025.
+Added: On July 31, 2023, our Board of Directors approved an extension of the $125 million repurchase program through December 31, 2025, and also approved a $200 million share repurchase program (excluding associated costs and applicable taxes) effective through December 31, 2025.
As of December 31, 2024, no repurchase authority remained available under the February 2022 share repurchase program and $80.1 million repurchase authority remained under the July 2023 share repurchase program.
−Removed: See Item 8, " Financial Statements and Supplementary Data - Notes to Consolidated Financial Statements - Note 15, Common Stock, " for additional information.
+Added: On February 5, 2025, our Board of Directors authorized a new $250 million share repurchase program (excluding associated costs and applicable taxes) effective through December 31, 2027 and an extension of our existing share repurchase programs through December 31, 2027 to align its remaining tenor with that of the new $250 million program.
+Added: See Item 8, “ Financial Statements and Supplementary Data - Notes to Consolidated Financial Statements - Note 16, Common Stock,” and “ Financial Statements and Supplementary Data - Notes to Consolidated Financial Statements - Note 18, Subsequent Events,” for additional information.
Common Stock Performance Graph
−Removed: The following graph compares the cumulative total stockholder return on our Class A common stock from December 31, 2018 until December 31, 2023, with the cumulative total stockholder return on the Russell 2000 Index, S&P Small Cap 600 Index and an index of selected mortgage insurance companies (Peer Index).
+Added: The following graph compares the cumulative total stockholder return on our common stock from December 31, 2019 until December 31, 2024, with the cumulative total stockholder return on the Russell 2000 Index, S&P Small Cap 600 Index and an index of selected mortgage insurance companies (Peer Index).
The Peer Index includes Essent, MGIC and Radian.
1 unchanged sentence
Information contained or referenced in the stock performance graph below is being furnished with this report and will not be deemed “filed” for purposes of Section 18 of the Exchange Act or deemed to be incorporated by reference into any filing under the Exchange Act or the Securities Act.
−Removed: 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023
NMI Holdings, Inc.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.