Green Dot Announces That It Has Entered Into an Accelerated Stock Repurchase Program to Purchase a Total of $100 Million of its Class A Common Stock
Green Dot Corporation Class A, $0.001 par value (GDOT)
Last green dot corporation class a, $0.001 par value earnings: 2/19 04:05 pm
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US:NYSE Investor Relations:
ir.greendot.com
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Source: Business Wire
PASADENA, Calif.--(BUSINESS WIRE)-- (NYSE:GDOT) Upon receiving regulatory approval, Green Dot Corporation announced today that it has entered into a definitive agreement with Bank of America Merrill Lynch to purchase a total of $100 million of its Class A common stock under an accelerated stock repurchase transaction. Under the agreement, Green Dot will receive an initial delivery of approximately 1.7 million shares. The final number of shares to be repurchased and the aggregate cost per share to Green Dot will be based on Green Dot’s volume-weighted average stock price during the term of the transaction, which is expected to be completed in 2019. About Green Dot Green Dot Corporation, [NYSE:GDOT], is a financial technology leader and bank holding company with a mission to power the banking industry’s branchless future. Enabled by proprietary technology and Green Dot’s wholly-owned c
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Earnings
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Analyst Actions
- 2/2/24 - TheStreet
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Sec Filings
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- GDOT's page on the SEC website