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Enova Replaces $400 Million Buyback Plan With $500 Million Program

The new authorization expires June 30, 2028, two years after the prior program’s scheduled end date.

A larger blank share certificate slides over a smaller one in a metal tray / TokenPost.ai
A larger blank share certificate slides over a smaller one in a metal tray / TokenPost.ai

Enova International, Inc. announced Tuesday, Nov. 10, that its board approved a new authorization allowing up to $500 million in share repurchases, replacing the company’s current $400 million program.

The existing authorization was scheduled to end June 30, 2027. Enova will terminate it as the replacement takes effect. The new program expires June 30, 2028.

The $500 million is the maximum amount available for repurchases, not a total of shares already bought.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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