OppFi Inc. announced on August 26, 2025, that its Board of Directors approved an increase to the company's existing share repurchase program. The authorization was expanded by an additional $20 million, bringing the total program authorization to $40 million.
Under the existing program, OppFi had previously repurchased approximately 1.4 million shares of its Class A common stock for approximately $7.6 million. Approximately 390,000 shares were repurchased during the third quarter of 2025.
With this increase, the company now has approximately $32.4 million of capacity remaining under the repurchase authorization. CEO Todd Schwartz stated that this reflects confidence in OppFi's long-term growth prospects and commitment to returning value to stockholders, as management believes the stock trades at a significant discount to its intrinsic value.
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