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Axos (AX) Announces Share Repurchase Plan Worth $100 Million
AXAxos Financial(AX) Zacks Investment Research·2024-02-14 13:56

Axos Financial, Inc. (AX) announced an additional share repurchase program. Per the plan, the company is authorized to buy back up to 100millionworthofshares.Thereisnospecificstartorenddateforthenewlyannouncedplan.Thisnewsharebuybackplansupplementstheexistingrepurchaseprogram,whichwasapprovedonApr26,2023.Aspartoftheexistingplan,ithasalmost100 million worth of shares. There is no specific start or end date for the newly announced plan.This new share buyback plan supplements the existing repurchase program, which was approved on Apr 26, 2023. As part of the existing plan, it has almost 20 million worth of authorization remaining. AX repurchased $83.2 million worth of shares during the first half of fiscal 2024 ...