RYAN RYAN SPECIALTY HOLDINGS, INC.

NEUTRAL Impact: 4/10 8-K
Horizon weeks Filed May 26, 2026 Processed 14d 17h ago SEC 0001849253-26-000031
8-K context-dependent: Items 7.01
Latest settled — T+5d
RYAN ▼ -0.12% at T+5d
NEUTRAL call ✗ call lost -0.12% · α vs SPY -1.34% · entry $32.33 → $32.29
Next anchor: T+20d in 14d
Last close $31.65 (close Jun 8) · -2.10% from $32.33 entry
Entry anchored
May 26, 2026
via day open
T+1d
+1.18%
call +1.18% · α +1.16%
$32.71
settled 14d ago
T+5d
-0.12%
call -0.12% · α -1.34%
$32.29
settled 8d ago
T+20d
call — · α —
in 14d
T+60d
call — · α —
in 2mo

Price Chart

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Executive Summary

Ryan Specialty announced a $300 million increase to its share repurchase program, bringing total authorization to $600 million. The company had already exhausted its prior $300 million authorization by repurchasing $260 million of stock in Q2 2026, leaving $300 million remaining under the expanded program.

Actionable Insight

The accelerated Q2 buyback pace ($260M in ~2 months) signals management's view that shares are undervalued, but the program is discretionary and can be suspended. Monitor Q3 2026 10-Q for actual repurchase activity and leverage impact — the $300M remaining authorization represents ~3.5% of market cap at current prices.

Key Facts

  • Board approved $300 million increase to existing share repurchase program on May 21, 2026
  • Total program authorization now $600 million
  • Company repurchased $260 million of Class A common stock in Q2 2026, exhausting prior $300 million authorization
  • $300 million of authorization remaining available as of May 22, 2026
  • Repurchases may be made via open market, private transactions, Rule 10b5-1 plans, or accelerated share repurchases

Financial Impact

$300 million increase in share repurchase authorization; $260 million already deployed in Q2 2026

share countcapital allocation

Risk Factors

  • Share repurchases are discretionary and may be suspended or discontinued at any time
  • Aggressive buyback pace could increase leverage if funded with debt
  • No guarantee that remaining authorization will be utilized

Market Snapshot

Exchange
NYSE
Sector
Insurance Agents, Brokers & Service
Analyst Consensus
65% bullish (26 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001849253-26-000031
Document: 0001849253-26-000031-index.html0001849253-26-000031
Document: 0001849253-26-000031.txt0001849253-26-000031
4 reports for RYAN
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Reports for RYAN — sortable, filterable
Type Now
Jun 8, 2026
1d ago
Insider Cluster
NEUTRAL ★ 3/10
$32.56 awaiting T+5awaiting T+5$31.65 (−2.78%)
May 26, 2026
14d ago
8-K
NEUTRAL ★ 4/10
$32.33 $32.29▼ −0.12%▼ −1.34%$31.65 (−2.10%)
Mar 30, 2026
10w ago
Court Ruling
NEUTRAL ★ 3/10
$32.83 $33.64▲ +2.46%▼ −1.84%$31.65 (−3.60%)
Mar 17, 2026
12w ago
DEFA14A
NEUTRAL ★ 2/10
$34.87 $33.50▼ −3.94%▼ −3.23%$31.65 (−9.25%)
Showing 4 of 4

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