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Share Capital (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Share Capital
Hamilton Group’s share capital is comprised as follows:

($ in thousands, except share information)
Authorized:
Common shares of $0.01 par value each (2024 and 2023: 150,000,000)
Issued, outstanding and fully paid:September 30,
2024
December 31,
2023
Class A common shares (2024: 17,820,078 and 2023: 28,644,807)
$178 $286 
Class B common shares (2024: 63,668,995 and 2023: 56,036,067)
637 560 
Class C common shares (2024: 19,903,649 and 2023: 25,544,229)
199 255 
Total$1,014 $1,101 
Schedule of Activity Related to Common Shares
The following is a summary of the activity related to common shares authorized:

Class AClass BClass CUnclassifiedTotal
Balance - June 30, 202428,644,807 72,837,352 25,044,229 23,473,612 150,000,000 
Share class conversions(1,700,000)6,840,580 (5,140,580)— — 
Balance - September 30, 202426,944,807 79,677,932 19,903,649 23,473,612 150,000,000 

Class AClass BClass CUnclassifiedTotal
Balance - June 30, 202353,993,690 50,480,684 30,525,626 — 135,000,000 
Increase in authorized share capital— 15,000,000 — — 15,000,000 
Balance - September 30, 202353,993,690 65,480,684 30,525,626 — 150,000,000 

Class AClass BClass CUnclassifiedTotal
Balance - December 31, 202328,644,807 72,337,352 25,544,229 23,473,612 150,000,000 
Share class conversions(1,700,000)7,340,580 (5,640,580)— — 
Balance - September 30, 202426,944,807 79,677,932 19,903,649 23,473,612 150,000,000 

Class AClass BClass CUnclassifiedTotal
Balance - December 31, 202253,993,690 50,480,684 30,525,626 — 135,000,000 
Increase in authorized share capital— 15,000,000 — — 15,000,000 
Balance - September 30, 202353,993,690 65,480,684 30,525,626 — 150,000,000 
The following is a summary of the activity related to common shares issued and outstanding:

Class AClass BClass CTotal
Balance - June 30, 202419,520,078 57,358,464 25,044,229 101,922,771 
Share class conversions(1,700,000)6,840,580 (5,140,580)— 
Share repurchases— (530,049)— (530,049)
Balance - September 30, 202417,820,078 63,668,995 19,903,649 101,392,722 

Class AClass BClass CTotal
Balance - June 30, 202330,520,078 42,638,190 30,525,626 103,683,894 
Director share awards granted— 20,112 — 20,112 
Balance - September 30, 202330,520,078 42,658,302 30,525,626 103,704,006 

Class AClass BClass CTotal
Balance - December 31, 202328,644,807 56,036,067 25,544,229 110,225,103 
Share class conversions(1,700,000)7,340,580 (5,640,580)— 
Vesting of awards— 761,261 — 761,261 
Exercise of warrants— 245,779 — 245,779 
Director share awards granted— 20,383 — 20,383 
Share repurchases(9,124,729)(735,075)— (9,859,804)
Balance - September 30, 202417,820,078 63,668,995 19,903,649 101,392,722 

Class AClass BClass CTotal
Balance - December 31, 202230,520,078 42,042,155 30,525,626 103,087,859 
Vesting of awards— 735,013 — 735,013 
Director share awards granted— 44,892 — 44,892 
Share repurchases— (163,758)— (163,758)
Balance - September 30, 202330,520,078 42,658,302 30,525,626 103,704,006