Reflections From Standard Premium’s 2026 Annual Shareholders Meeting, and Successful Stock Buyback Program

Standard Premium held its annual shareholders meeting on June 12, 2026, in Miami, FL. The meeting featured a comprehensive update on financial results and strategic growth initiatives, including a financial presentation now available to shareholders.


In addition to the shareholders meeting, we also completed our successful board-authorized stock buyback program. Over the course of the program, we repurchased 77,750 shares at an average price of $2.24 per share.


What Was Discussed at the Shareholders Meeting?


At the annual meeting, management presented strong financial highlights reflecting continued business momentum, including $158.1 million in loan originations in FY 2025, followed by $44.8 million in Q1 2026 alone.


Our receivables portfolio balance reached $79.2 million net of CECL allowances and deferred interest, representing approximately 9% growth over just three months. For the first time in our company’s history, net incomes exceeded $1,000,000, with diluted earnings per share of $0.29 in FY 2025, compared to $0.24 in FY 2024. In addition, active state licenses expanded from 9 states in 2021 to 44 states, underscoring our rapid nationwide expansion.


At the meeting, shareholders voted with a turnout of 64.91% of total shares represented. All three director nominees, William Koppelmann, Mark Kutner, MD and Scott Howell, MD, were elected with 100% of votes cast. Shareholders also approved, on an advisory basis, the Company’s executive compensation and voted in favor of a triennial frequency for future advisory compensation votes.


A Successful Stock Buyback


The stock buyback program began in December 2025, and we repurchased approximately 2.5% of outstanding shares, completed on both the open market and through private transactions.


The completion of the stock buyback program follows our 2026 Annual Shareholders Meeting, and builds on the momentum demonstrated at that meeting, reinforcing the Board's confidence in our financial strength and long-term growth trajectory. By returning capital to shareholders while continuing to invest in expansion, we remain focused on capital allocation that supports both near-term shareholder value and our broader strategic goals.


Insights from Standard Premium CEO Bill Koppelmann


After the meeting and successful stock buyback our CEO Bill had this to say:


“This year’s shareholder meeting reflects the extraordinary progress Standard Premium has achieved in a short period of time. We surpassed $1 million in net income for the first time in our history, and we continue to expand our licensing footprint and are now licensed in 44 states. Our credit facility was strengthened with a consortium of three banks, and we have built a platform designed to scale. We remain committed to delivering long-term value for our shareholders as we pursue the final leg of our 50-state licensing strategy and evaluate strategic opportunities.


Furthermore, completing our stock buyback initiative also reflects our confidence in creating long-term value for shareholders as we continue to scale our business and invest in sustainable growth opportunities. This disciplined approach to capital allocation reinforces our belief that our stock remains an attractive investment as we reinvest capital back into the business.”


Looking Ahead


Following the milestones highlighted, Standard Premium will continue to evaluate its capital allocation strategy and may consider an additional repurchase program in 2027, as part of its ongoing commitment to delivering long-term shareholder value. We remain focused on building on our record performance, advancing growth initiatives and maintaining an approach that supports continued success.


As we continue our national expansion we welcome the opportunity for you to connect with our team to discuss our finance solutions or partnership opportunities. Contact us today to learn more!