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AI brief of an SEC Form 8-K · Kemper (KMPR)

Kemper to repurchase $150 million of its common stock through accelerated share repurchase

Positive Impact 4 of 5 shareholder Written later

Kemper entered into an accelerated share repurchase agreement with Goldman Sachs & Co. LLC and will pay $150 million on August 14, 2025, funded with cash on hand. The transaction is part of the company's previously announced $550 million share repurchase authorizations and is expected to be completed within about three months, with an initial delivery of 2,279,203 shares.

Key points

  • Kemper will pay $150 million to Goldman Sachs & Co. LLC on August 14, 2025, the same day it expects an initial delivery of 2,279,203 shares.
  • The final number of shares repurchased depends on the volume-weighted average price over the contract term, less a discount, and the company may receive additional shares or, in some cases, owe a cash payment at completion.
  • The program is expected to be completed in the fourth quarter of 2025, and the transaction is funded from cash on hand.
  • Goldman Sachs can terminate the transaction early after certain specified events, including major corporate transactions involving Kemper.

The filing

CompanyKemper (KMPR)
Form8-K, current report
Filed with the SECAug 13, 2025, 5:39 PM ET
Accession number0000860748-25-000194

Items reported: 1.01 Material Definitive Agreement7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.