Axos Financial (AX) said late Monday its board increased the existing stock repurchase program by an additional $100 million.
Approximately $48 million remains from the prior increase announced in Feb. 2024, the company said.
The company said it might repurchase shares on the open market or via privately negotiated transactions, subject to factors like stock trading price and general market conditions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.