Oppenheimer Holdings Announces Share Repurchase Program of Up to 518,000 Shares

OPPENHEIMER HOLDINGS INC

Board authorized repurchase of up to 518,000 Class A non-voting common shares, representing about 5% of 10,357,376 shares outstanding.
New authorization supplements existing program with 120,155 shares remaining, totaling 638,155 shares available for repurchase.
Company has repurchased $11.95 million aggregate principal of its 5.50% Senior Secured Notes due 2025 since Q4 2022.
Repurchases will be made in open market at prevailing prices using cash on hand; shares purchased will be canceled.
Program effective indefinitely; management will determine timing and amounts based on market conditions and other factors.

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