Primerica (PRI) Announces $450 Million Share Repurchase Program for 2025

After reporting solid third quarter results, Primerica, Inc. (NYSE: PRI) today announced that its Board of Directors has authorized a $450 million share repurchase program to occur through December 31, 2025. Share repurchases may be made from time to time through open market transactions, block trades and/or privately negotiated transactions and are subject to market conditions, as well as corporate, regulatory, and other considerations.

“We are pleased with our success at growing revenue and driving free cash flow for the Company,” said Glenn Williams, Chief Executive Officer of Primerica. “Our financial results support the Board of Directors’ decision to authorize another share repurchase program.”

This share repurchase program may be discontinued at any time by the Board of Directors, and the Company has no obligation to repurchase any amount of its common stock under the program. The Company intends to make all repurchases in compliance with applicable regulatory guidelines and to administer the plan in accordance with applicable laws, including Rule 10b-18 of the Securities Exchange Act of 1934, as amended

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