Tranche Update on OFG Bancorp's Equity Buyback Plan announced on January 26, 2022.
November 06, 2023 at 08:35 pm
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From July 1, 2023 to September 30, 2023, the company has repurchased 73,600 shares, representing 0.16% for $2.19 million. With this, the company has completed the repurchase of 3,095,567 shares, representing 6.35% for $82.76 million under the buyback announced on January 26, 2022.
OFG Bancorp is a financial holding company. The Company is engaged in providing banking and financial services through its subsidiaries. The Company operates through three segments: Banking, Wealth Management and Treasury. The Company provides banking and financial services to its clients through a range of banking and financial solutions, including commercial, consumer, auto, and mortgage lending; checking and savings accounts; financial planning, insurance, financial service, and investment brokerage, and corporate and individual trust and retirement services. The Company provides these services through various subsidiaries, including a commercial bank, Oriental Bank; a securities broker-dealer, Oriental Financial Services Corp. (Oriental Financial Services); an insurance agency, Oriental Insurance, LLC (Oriental Insurance), and a retirement plan administrator, Oriental Pension Consultants, Inc. (OPC).
Tranche Update on OFG Bancorp's Equity Buyback Plan announced on January 26, 2022.
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