Regional Management Unveils $30M Buyback Plan & Growth Targets
Regional Management(RM) ZACKS·2024-12-03 21:01
Regional Management Corp. (RM) recently launched a $30 million stock buyback program authorized by its board of directors. The company aims to opportunistically repurchase shares when it believes the stock is undervalued, leveraging its financial position and liquidity.The buyback program is effective immediately and will run through Dec. 31, 2026. It reflects the company’s confidence in its financial health and aims to enhance shareholder value. Earlier, Regional Management announced a dividend of 30 cents ...