OppFi jumps on $20 mln share repurchase program, special dividend

Oppfi

09/04/2024 14:58

** Shares of fintech company OppFi  OPFI.N  rise as much as
33.6%, last up 28.9% at $3.30
    ** Co says board authorized a new $20 mln share repurchase
program that will expire in April 2027
    ** Repurchases may be made on the open market or through
privately negotiated transactions - OPFI
    ** Co's board also declares 12 cents/shr special dividend
payable to Class A common stockholders on May 1 
    ** OPFI shares down 41.9% YTD
    

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))