OFG Bancorp (NYSE:OFG) to Buyback $200.00 million in Outstanding Stock
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OFG Bancorp (NYSE:OFG) to Buyback $200.00 million in Outstanding Stock
OFG Bancorp (NYSE:OFG – Get Free Report) declared that its board has authorized a stock repurchase program on Wednesday, January 28th, RTT News reports. The company plans to buyback $200.00 million in shares. This buyback authorization allows the bank to reacquire up to 12% of its shares through open market purchases. Shares buyback programs are […]
The Board of Directors of OFG Bancorp (NYSE:OFG) announced an increase in the quarterly cash dividend of 17%, from $0.30 to $0.35 per share for the quarter ending March 31, 2026. The dividend is payable on April 15, 2026 to shareholders in record on March 31, 2026. On the other hand, the Board of Directors has approved a new share buyback program to acquire up to $200 million in common shares. The new program is additional to the plan previously…
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