Expensify Repurchases 6.1 Million Shares for $7.3 Million

MT Newswires Live

06/12

Expensify (EXFY) said Friday it accepted final tender offers to repurchase 6.1 million shares at $1.20 apiece for $7.3 million.

The company had proposed buying back up to $25 million in shares.

Expensify said it plans to fund the tender with cash on hand.

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