-+ 0.00%
-+ 0.00%
-+ 0.00%

OppFi Board Approves $20M Increase to Share Repurchase Program, Bringing Total Authorization to $40M

Benzinga·08/26/2025 11:07:49
Listen to the news

OppFi Inc. (NYSE:OPFI) ("OppFi" or the "Company"), a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, today announced that its Board of Directors (the "Board") has approved an increase to the Company's existing share repurchase program. The Board has authorized the purchase of up to an additional $20 million of the Company's Class A common stock, bringing the total authorization under the program to $40 million.

 

Under the existing program, the Company previously repurchased approximately 1.4 million shares of its Class A common stock for approximately $7.6 million, with approximately 390,000 shares repurchased in the third quarter of 2025. Inclusive of the increase, the Company has approximately $32.4 million of capacity under the repurchase authorization.