OppFi (OPFI) Authorizes Additional $20 Million Share Repurchase Program

By Tamara Parker • Tuesday, August 26 10:25 • Permanent Link

OppFi Inc. (NYSE: OPFI) has announced an increase in its share repurchase program, authorizing the purchase of an additional $20 million of the company's class A common stock. This brings the total authorization under the program to $40 million. The company previously repurchased approximately 1.4 million shares of its class A common stock for approximately $7.6 million, with approximately 390,000 shares repurchased in the third quarter of 2025.

With the increase, the company now has approximately $32.4 million of capacity under the repurchase authorization. CEO and Executive Chairman Todd Schwartz stated, "We believe that our stock trades at a significant discount to its intrinsic value." The increase in the share repurchase program reflects the company's confidence in its long-term growth prospects and commitment to returning value to its stockholders.

The repurchases under the program may be made from time to time on the open market, through privately negotiated transactions, or via other methods, in accordance with applicable securities laws and other relevant legal requirements. The timing and amount of repurchases will depend on market conditions, share price, trading volume, and other factors.

OppFi is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans. The company emphasizes financial inclusion and exceptional customer experience, aiming to assist consumers who are underserved by traditional financing options in building improved financial health. OppFi also holds a 35% equity interest in Bitty Holdings, LLC, a credit access company that provides revenue-based financing and other working capital solutions to small businesses.

The company's subsidiary, OppLoans by OppFi, maintains a 4.5/5.0 star rating on Trustpilot based on over 4,900 reviews, positioning the company among the top consumer-rated financial platforms online.

These figures illustrate the company's commitment to maximizing long-term value creation and its confidence in its growth prospects, as well as its focus on providing financial products and services to underserved consumers and small businesses. Today the company's shares have moved 1.94% to a price of $9.97. Check out the company's full 8-K submission here.

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