---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-24-000006"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:05:01.388562+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# OppFi declares $0.12 special dividend and $20M share repurchase program

## Summary
- $0.12 special dividend per share payable May 1, 2024; record date April 19, 2024.
- Board authorized new $20M share repurchase program expiring April 2027; open market or private transactions.
- CEO Todd Schwartz states stock price disconnected from intrinsic value; buyback aims to support stockholders.
- Special distribution of $0.12 per unit also approved for Opportunity Financial's Class A common units; earnout units excluded unless vested.
- Repurchase program triggers redemption of one Class A common unit per share bought, changing ownership structure of subsidiary.

## SEC filing metadata
- accession: 0001818502-24-000006
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850224000006/0001818502-24-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850224000006/opfi-20240409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-24-000006
- JSON: https://secwatch.observer/filing/0001818502-24-000006.json
- Plain text: https://secwatch.observer/filing/0001818502-24-000006.txt

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