ENOVA ANNOUNCES NEW $300 MILLION SHARE REPURCHASE PROGRAM

Core Viewpoint - Enova International, Inc. has announced a new share repurchase program totaling $300 million, which will replace the existing program and is set to expire on December 31, 2025 [1][2]. Group 1: Share Repurchase Program - The new share repurchase program is authorized by the Board of Directors and aims to enhance long-term shareholder value through portfolio growth and capital returns [2]. - The existing $300 million repurchase program, which was set to expire on December 31, 2024, will be terminated and replaced by the new program [1]. - Repurchases will be conducted in accordance with applicable securities laws and may occur in the open market or through privately negotiated transactions [3]. Group 2: Company Overview - Enova is a leading financial services company that utilizes machine learning and analytics to provide online lending services to small businesses and underserved consumers [4]. - The company has served over 10.5 million customers, providing more than $56 billion in loans and financing [4].