secwatch.observer — SEC 8-K summary
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Issuer:     OPPENHEIMER HOLDINGS INC (OPY)
CIK:        0000791963
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0000791963-24-000020
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000020/0000791963-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/791963/000079196324000020/opy-20240304.htm
  HTML page:      https://secwatch.observer/filing/0000791963-24-000020

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