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Item 1A. Risk Factors.
There have been no material changes to any of the risk factors previously disclosed in the Registrants 2025 Annual Report on Form 10-K.
Item 2.Issuer Purchases of Equity Securities.
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Months |
| Total Number of |
| Average Price |
| Total Number of Shares Purchased as Part of Publicly Announced Plans ( |
| Maximum Number
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| $ |
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| 26 |
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| $ | 2, |
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| 2 |
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| 34,816 |
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| $ | 2,048.62 |
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| 34,816 |
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Total |
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| $ | 2,0 |
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(1) Of the shares White Mountains repurchased in January 2026, 4,229 were to satisfy employee income tax withholding pursuant to employee benefit plans, which do not reduce the amount available under the s Board repurchase authorizations.
(2) White Mountainss Board oof Directors has authorized the Company to repurchase its common shares, from time to time, subject to market conditions. The repurchase authorizations do not have a stated expiration date.