other material
confidence high
sentiment positive
materiality 0.50
NewtekOne board authorizes repurchase of up to 1.0M common shares over next 12 months
NewtekOne, Inc.
- Board approved repurchase of up to 1.0 million shares of common stock during next 12 months.
- Repurchases at company's discretion based on market conditions, legal requirements, and capital needs.
- Company has no obligation to repurchase any specific amount under the program.
- Stock repurchase program effective November 1, 2024.