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Stock impact report

OFG Bancorp Announces New $50 Million Share Repurchase Plan

OFG Bancorp (OFG) 
Last ofg bancorp earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Business Wire
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $50 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, replaces the prior one, which had $17.2 million remaining authorization.About OFG BancorpNow in its 60th year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands banking laws and regulations. Its three principal subsidiaries, Oriental Bank, Oriental Financial Services, and Oriental Insurance, provide a wide range of retail and commercial banking, lending and wealth management products, services, and technology, primarily in Puerto Rico and U.S. Virgin Islands. Visit us at www.ofgbancorp.com.View source version on businesswire.com: https://www.businesswire.com/news/home/20240131522003/en/Puerto Rico & USVI: Idalis Montalvo (idalis.montalvo@orientalbank.com) at (787) 777-2847 Show less Read more
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