---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-003118"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2022-01-06T23:59:59+00:00"
generated_at: "2026-06-27T20:19:13.232528+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# OppFi board authorizes $20M share repurchase program through December 2023

## Summary
- Board authorized up to $20M of Class A common stock repurchases, expiring December 2023.
- Repurchases may be made on open market or in private transactions at management's discretion.
- Program does not obligate any purchases; may be modified, suspended, or discontinued at any time.
- Each share repurchased triggers redemption of one Class A unit of subsidiary Opportunity Financial.
- Executive Chairman Todd Schwartz cites belief that share price is disconnected from long-term value.

## SEC filing metadata
- accession: 0001193125-22-003118
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2022-01-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000119312522003118/0001193125-22-003118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000119312522003118/d281522d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-003118
- JSON: https://secwatch.observer/filing/0001193125-22-003118.json
- Plain text: https://secwatch.observer/filing/0001193125-22-003118.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.