The Agency Stock Purchase Plan was created for the purpose of facilitating the purchase and long-term investment in the Company's shares by eligible agencies thereby fostering stable long-term relationships between the Company's affiliates and their agencies.
The Plan allows eligible agencies to purchase the Company's common stock at a 10% discount from current market prices without incurring any brokerage commissions or service charges.
Eligible agents may buy stock three ways:
- percentage deduction from monthly direct bill commissions
- payment of a lump sum amount
- percentage deduction from contingent commission.
An eligible agent may obtain additional information and enrollment details by contacting Karen L. Groff, Vice President and Treasurer of the Company at (717) 426-1931 or email at investors@donegalgroup.com