OFG Bancorp Announces New $50 Million Share Repurchase Plan
01 February 2024 - 8:15AM
Business Wire
OFG Bancorp (NYSE: OFG) today announced its Board of Directors
approved a new $50 million stock repurchase authorization plan as
part of OFG’s capital actions. The new plan, which is open-ended,
replaces the prior one, which had $17.2 million remaining
authorization.
About OFG Bancorp
Now in its 60th year in business, OFG Bancorp is a diversified
financial holding company that operates under U.S., Puerto Rico and
U.S. Virgin Islands banking laws and regulations. Its three
principal subsidiaries, Oriental Bank, Oriental Financial Services,
and Oriental Insurance, provide a wide range of retail and
commercial banking, lending and wealth management products,
services, and technology, primarily in Puerto Rico and U.S. Virgin
Islands. Visit us at www.ofgbancorp.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240131522003/en/
Puerto Rico & USVI: Idalis Montalvo
(idalis.montalvo@orientalbank.com) at (787) 777-2847
US: Gary Fishman (gfishman@ofgbancorp.com) and Steven
Anreder (sanreder@ofgbancorp.com) at (212) 532-3232
OFG Bancorp (NYSE:OFG)
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