OPENLANE, Inc. provided an update on its equity buyback plan, originally announced on November 6, 2019. From January 1, 2025, to March 31, 2025, the company repurchased 2,900 shares for $0.06 million.
With these recent repurchases, OPENLANE has completed the buyback of 27,302,837 shares under the program. The total value of shares repurchased under this specific authorization amounted to $425.28 million.
This completion signifies the full execution of the previously announced share repurchase initiative, demonstrating the company's commitment to its capital allocation strategy over the specified period.
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