{"url_path":"/sec/mlci/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-14","source_url":"https://www.sec.gov/Archives/edgar/data/2051820/0001628280-26-035167-index.html","accession_number":"0001628280-26-035167","cik":"0002051820","ticker":"MLCI","issuer_name":"Mount Logan Capital Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2051820/0001628280-26-035167-index.html","primary_entity_key":"0002051820","primary_entity_name":"Mount Logan Capital Inc."},"word_count":385,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nNone.\n\nIssuer Repurchases of Equity Securities\n\nThe following table sets forth the information regarding the Company’s purchases of its common stock on a monthly basis during the first quarter of 2026.\n\nPeriod(a) Total number of shares purchased(b) Average price paid per share (c) Total number of shares purchased as part of publicly announced plans or programs(d) Maximum number (or approximate dollar value) of shares that may yet be purchased under the plans or programs\n\nJanuary 1, 2026 - January 31, 2026————\n\nFebruary 1, 2026 - February 28, 2026\n1,590,6011\n\n$9.431\n\n1,590,6011\n\n$10.0 million2\n\nMarch 1, 2026 - March 31, 2026———\n$10.0 million2\n\nTotal1,590,601$9.431,590,601$10.0 million\n\n_______________\n\n(1)     On February 2, 2026, the Company’s offer to purchase for cash up to $15 million of its shares of common stock, $0.001 par value, at a fixed price of $9.43 per share that was previously announced and commenced on December 29, 2025 (the “Tender Offer”) expired. In accordance with the terms and conditions of the Tender Offer, the Company accepted for payment an aggregate 1,590,601 shares of the Company’s common stock, adjusted to avoid the purchase of fractional shares, at a purchase price of $9.43 per share, for an aggregate cost of approximately $15 million, excluding fees and expenses relating to the Tender Offer. The Company accepted the shares on a pro rata basis. The shares purchased represent approximately 12% of the Company’s common stock issued and outstanding as of February 2, 2026.\n\n(2)     In February 2026, the Company announced that its board of directors had approved a $10.0 million share repurchase program through December 31, 2027 (the “Share Repurchase Program”). Under the Share Repurchase Program, repurchases may be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions, or by other means in accordance with applicable securities laws and subject to market conditions and other factors. The size and timing of any repurchases will be determined by the Company at its discretion and will depend on factors including, but not limited to, prevailing stock prices, general economic and market conditions, along with other considerations. The program does not obligate the Company to repurchase any specific amount of Common Stock and may be suspended or discontinued at any time."}