World Acceptance authorizes $20M share repurchase program

WORLD ACCEPTANCE CORP

Board approved repurchase of up to $20M of common stock, inclusive of any remaining from prior authorizations.
Credit agreement amended to permit up to $20M repurchases in fiscal quarter ending Dec 31, 2023.
Repurchases depend on stock price, regulatory requirements, available funds, and other conditions.
Program may be suspended or discontinued at any time.

item 1.01 item 8.01 item 9.01

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

WORLD ACCEPTANCE CORP amended Eleventh Amendment with Wells Fargo Bank, National Association.

Action: amendment
Agreement: credit facility
Counterparty: Wells Fargo Bank, National Association

Exact text from the filing

World Acceptance Corporation (the “Company”) entered into the Eleventh Amendment to its Amended and Restated Revolving Credit Agreement (the “Eleventh Amendment”), among the Company, the lenders named therein, and Wells Fargo Bank, National Association, as Administrative Agent and Collateral Agent.

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Source: SEC EDGAR

accession 0000108385-23-000069

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