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 Daniel J. Wagner, Senior Vice President and Treasurer of the Company at (717) 426-1931 or email at investors@donegalgroup.com