other material
confidence high
sentiment positive
materiality 0.60
eXp World Holdings amends buyback plan with $500M cap, extended to Dec 2024
eXp World Holdings, Inc.
- Total aggregate repurchase limit raised to $500M, including prior plans, with plan extended through Dec 31, 2024.
- Monthly repurchase caps set: May 2023 $17M, June $22M, July–Sept $18.67M/month, Oct–Dec $12M/month.
- Amendment entered May 11, 2023, modifying existing issuer repurchase plan with Stephens Inc.
- After Dec 2023, daily purchases limited to 25% of trailing 4-week ADTV per Rule 10b-18.