Regional Management Corp. authorizes $30M share buyback, targets 10-12% portfolio growth in 2025

Regional Management Corp.

Board authorized $30 million stock repurchase program through December 31, 2026.
Management sees stock as undervalued; buybacks may be made under Rule 10b5-1 plan.
Expects ending net receivables growth of 10-12% in 2025, up from ~6% in 2024.
Will open 10 new branches in Q4 2024/Q1 2025 and up to 10 more in H2 2025.
Growth driven by auto-secured and small loan portfolios; new states since 2020 expanded addressable market 80%.

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