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OPY - Oppenheimer announces share repurchase of 518000 shares
Oppenheimer Holdings Inc. Class A
Oppenheimer (NYSE:OPY) Board of Directors approved a share repurchase program to purchase up to 518,000 shares. This represents ~4.1% of its 12.53M currently issued and outstanding common stock. This authorization will supplement the 12,407 shares that remain authorized and available under the company's previous share repurchase program covering up to 485,000 shares, which was announced on May 11, 2020, for a total of 530,407 shares available for repurchase. The share repurchase program is expected to continue indefinitely.