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OPY - Oppenheimer to launch share repurchase program
Oppenheimer Holdings Inc. Class A
The board of Oppenheimer Holdings ( NYSE: OPY ) has approved a share repurchase program.
The company is authorized to purchase up to 543,000 shares of the class A non-voting common stock, representing ~5% of its currently issued and outstanding shares of Class A non-voting common stock.
The share repurchase program is expected to continue indefinitely.