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Stock impact report

Oppenheimer Holdings Inc. Announces Share Repurchase Program

Oppenheimer Holdings, Inc. Class A (DE) (OPY) 
US:NYSE Investor Relations: opco.com/investor-relations/index.aspx
Company Research Source: PR Newswire
NEW YORK, March 4, 2024 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to purchase up to 518,000 shares of the Company's Class A non-voting common stock, representing approximately 5% of its 10,357,376 currently issued and outstanding shares of Class A non-voting common stock. This authorization will supplement the 120,155 shares that remain authorized and available under the Company's previous share repurchase program covering up to 543,000 shares of the Company's Class A non-voting common stock, which was announced on December 14, 2022, for a total of 638,155 shares authorized and available for repurchase. The share repurchase program is expected to continue indefinitely.Any such share purchases will be made by the Company from time to time in the open market at the prevailing open market price using cash on hand, in compliance with the applicable rules and regulations o Show less Read more
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