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World Acceptance Announces $25M Share Repurchase Program

Benzinga·02/12/2025 15:03:57
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On February 12, 2025, the Board of Directors of World Acceptance Corporation (the "Company") approved a share repurchase program authorizing the Company to repurchase up to $25.0 million of its outstanding common stock inclusive of any amount that remains available for repurchase under prior repurchase authorizations. The timing and actual number of shares repurchased will depend on a variety of factors, including the stock price, corporate and regulatory requirements, available funds, alternative uses of capital, restrictions under the Revolving Credit Agreement, and other market and economic conditions. The Company's stock repurchase program may be suspended or discontinued at any time.