OPY - Oppenheimer announces buyback program for 536.5K class A shares
- Oppenheimer ( NYSE: OPY ) on Friday announced a share repurchase program to buy back up to 536.5K class A shares, or ~4.8% of its ~11.3M issued and outstanding class A shares.
- This program will supplement the ~4.3K shares available under OPY's prior share repurchase program .
- A total of ~540.8K shares are available for repurchase and all shares purchased will be canceled.
- The new repurchase program is expected to continue indefinitely.
- The repurchases may be started or suspended from time to time without prior notice.
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Oppenheimer announces buyback program for 536.5K class A shares