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Stock impact report

Focus Financial Partners Announces $200 Million Share Repurchase Authorization

Focus Financial Partners Inc. (FOCS) 
Last focus financial partners inc. earnings: 2/20 07:00 am Check Earnings Report
Company Research Source: Accesswire
Reinforces Confidence of Management and Board of Directors in Focus' Business Model and Long-Term Growth OpportunitiesNEW YORK, NY / ACCESSWIRE / May 12, 2022 / Focus Financial Partners Inc. (NASDAQ:FOCS) ("Focus" or the "Company"), a leading partnership of independent, fiduciary wealth management firms, announced today that its Board of Directors approved a share repurchase program to repurchase up to $200 million of the Company's Class A common stock from time to time in the open market, in privately negotiated transactons, or by such other means as will comply with applicable state and federal securities laws."The authorization of this share repurchase program reinforces our confidence in the continued success of the Focus business model and its ability to create long-term shareholder value," said Rudy Adolf, Founder, CEO and Chairman of Focus. "The authorization will provide us with additional flexibility in our capital allocation strategy to invest in the highest return opportuni Show less Read more
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