Orion Digital Repurchases One Million Shares
Summary
- Orion Digital Corp. repurchased 1 million common shares on November 10, 2026, at an average price of US$1.15 per share.
- The recent transaction represents approximately 4% of common shares outstanding as of September 30, 2026.
- Following this buyback, the company retains approximately US$5.7 million under its Nasdaq share repurchase authorization.
- Total repurchases for 2026 now amount to 1,245,725 common shares.
- Cumulative repurchases since 2022 equal approximately 11% of shares outstanding as of September 30, 2026.
- CFO Greg Feller stated that opportunistic share repurchases are a preferred capital allocation method given current market valuations.
- In Q3 2026, the company generated $2.5 million in operating cash flow anded $4.3 million in debt.
- As of September 30, 2026, Orion Digital held $30.9 million in cash, restricted cash, marketable securities, & investments.
- The company operates Intelligent Investing, Mogo Lending, & Carta Worldwide, which supports over $11 billion in annual payment volume.
Orion Digital Corp. announced that it repurchased one million shares of its common shares under the previously announced Nasdaq share repurchase authorization.
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- Press Release