OppFi jumps after boosting share repurchase program

Oppfi

26/08/2025 19:09

** Digital finance platform OppFi's OPFI.N shares jump 6.5% to $10.62

** OPFI boosts share repurchase program by $20 million, bringing total authorization to $40 million

** Co has repurchased roughly 390,000 shares in Q3 under its existing buyback program

** "We believe that our stock trades at a significant discount to its intrinsic value," CEO Todd Schwartz says

** Repurchases may be made on the open market and through privately negotiated transactions

** Two of three brokerages rate the stock "buy" and one "hold"; median PT $14 - data compiled by LSEG

** As of last close, OPFI stock up 34.3% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))