• Porch Group bought back 2,100,000 common shares from the Porch Reciprocal Exchange for USD 15 million in cash.
• Deal converts the Reciprocal’s stock holdings into cash to lift statutory surplus, since much of the equity is non-admitted in filings.
• Price was USD 7.17 per share, based on the Nasdaq close on March 31, 2026.
• Porticus Reinsurance executed the purchase; the Reciprocal retains about 16,200,000 shares.
• Separately, Porch repurchased 300,000 shares in March 2026 for USD 2.5 million under its open-market program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Porch Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260611557740) on June 11, 2026, and is solely responsible for the information contained therein.