secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0000791963-22-000071
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oppenheimer Holdings authorizes buyback of up to 543,000 shares; total authorization now 687,034
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- Board authorized repurchase of up to 543,000 Class A non-voting shares (~5% of 10,867,660 outstanding).
- New authorization supplements 144,034 remaining from prior program; total authorized = 687,034 shares.
- Repurchases to be made in open market at prevailing price using cash on hand; all shares canceled.
- Also repurchased $9.07M aggregate principal of its 5.50% Senior Secured Notes due 2025 in Q4 2022.
- Program has no expiration; management retains discretion on timing and amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196322000071/0000791963-22-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196322000071/opy-20221214.htm
  HTML page:      https://secwatch.observer/filing/0000791963-22-000071

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