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Universal Insurance has announced an extension for its ongoing rights issue offer, providing shareholders with additional time to participate.
The company stated that the revised closing date for claiming rights is now Monday, June 22, 2026. Stakeholders are encouraged to use the extended window to secure their entitlements as part of Universal Insurance's capital-raising initiative.
Universal Insurance first introduced its rights issue offer as part of an effort to increase capital for growth. The company’s previous announcement outlined a plan to strengthen investor positions through the new rights issue. The extension gives shareholders additional time to secure their entitlements.