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PR Newswire·

ENOVA ANNOUNCES NEW $500 MILLION SHARE REPURCHASE PROGRAM

  • Enova International's Board authorized a new $500 million share repurchase program expiring June 30, 2028.
  • The company's existing $400 million repurchase program set to expire June 30, 2027, will terminate & be replaced by the new initiative.
  • CFO Scott Cornelis stated the authorization reflects confidence in Enova's business model & growth opportunities.
  • Repurchases will occur via open market & privately negotiated transactions in compliance with securities laws.
  • The program does not obligate Enova to purchase shares & may be terminated & adjusted by the Board at any time.
  • Enova has provided over $74 billion in loans to more than 16 million customers over 20 years using machine learning & analytics.
  • The release includes a cautionary statement regarding forward-looking statements & potential risks affecting future performance.
Company
Enova International, Inc.
Keywords
Enova International, Inc.