OFG Bancorp Announces New $100 Million Share Repurchase Plan
SAN JUAN, Puerto Rico–(BUSINESS WIRE)–
OFG Bancorp (NYSE: OFG) today announced its Board of Directors approved a new $100 million stock repurchase authorization plan as part of OFG’s capital actions. The new plan, which is open-ended, is in addition to the previously authorized stock repurchase plan.
About OFG Bancorp
Now in its 61st 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. Our mission is to make progress possible for our customers, employees, shareholders, and the communities we serve. Visit us at www.ofgbancorp.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250430954479/en/
Puerto Rico & USVI: Lumarie Vega López ([email protected]) and Victoria Maldonado Rodríguez ([email protected]) at (787) 771-6800
US: Gary Fishman ([email protected]) and Michael Wichman ([email protected]) at (212) 532-3232
KEYWORDS: Latin America Caribbean Puerto Rico
INDUSTRY KEYWORDS: Banking Professional Services Finance
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