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PIPR - Piper Sandler authorizes $150M in share repurchase authorization
Piper Sandler Companies
Piper Sandler (PIPR +0.3%) board authorized the repurchase of up to $150M of its outstanding common stock, effective Jan.1, 2022 and expiry on Dec.31, 2023. Its earlier $150M repurchase authorization expires on Dec.31, 2023. YTD, the stock has gained 91.1%; current share repurchase forms 4.5% of its current total market cap.