Exzeo Board Authorizes $12 Million Share Buyback as Major Funds Increase Stakes
Whetstone Capital Advisors boosted its stake in Exzeo Group by buying 130,191 more shares, holding 541,544 shares worth about $9.1M. Other funds also added positions. Analysts are mixed. The company’s board started a share buyback program allowing up to $12.0M, or 1% of shares, via open-market purchases.