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OppFi (OPFI) has issued an announcement.
OppFi Inc. has delighted shareholders with the announcement of a special dividend and a share repurchase program. Stockholders can look forward to a $0.12 per share dividend on Class A common stock payable on May 1, 2024. Additionally, the company’s board has authorized a repurchase of up to $20 million in shares, with the flexibility to buy back stock via the open market or private transactions until April 2027. This strategic move aims to adjust the ownership stakes within Opportunity Financial, LLC, and complements the dividend with a special distribution to holders of Class A common units.
For detailed information about OPFI stock, go to TipRanks’ Stock Analysis page.
