---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-24-000227"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:04:26.706447+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NewtekOne board authorizes repurchase of up to 1.0M common shares over next 12 months

## Summary
- 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.

## SEC filing metadata
- accession: 0001587987-24-000227
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000227/0001587987-24-000227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000227/newt-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-24-000227
- JSON: https://secwatch.observer/filing/0001587987-24-000227.json
- Plain text: https://secwatch.observer/filing/0001587987-24-000227.txt

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