OppFi Inc. Expands Share Buyback Program with Additional $20 Million Authorization

Reuters
Aug 26
OppFi Inc. Expands Share Buyback Program with Additional $20 Million Authorization

OppFi Inc. $(OPFI)$, a tech-enabled digital finance platform, announced an increase to its share repurchase program, allowing the company to buy back up to an additional $20 million of its Class A common stock. This brings the total authorization under the program to $40 million. Previously, OppFi repurchased approximately 1.4 million shares for about $7.6 million. The company aims to capitalize on what it perceives as a significant discount in its stock price and remains committed to maximizing long-term value for its stockholders. Repurchases will be conducted in accordance with applicable securities laws and may occur in various forms, including open market transactions and privately negotiated deals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OppFi Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG58355) on August 26, 2025, and is solely responsible for the information contained therein.

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