{"id":535142,"date":"2021-09-07T16:15:06","date_gmt":"2021-09-07T20:15:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/"},"modified":"2021-09-07T16:15:06","modified_gmt":"2021-09-07T20:15:06","slug":"meta-financial-group-inc-announces-common-stock-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/","title":{"rendered":"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SIOUX FALLS, S.D., Sept.  07, 2021  (GLOBE NEWSWIRE) &#8212; Meta Financial Group, Inc.<sup>\u00ae<\/sup> (Nasdaq: CASH) (the \u201cCompany\u201d) announced that its Board of Directors authorized a share repurchase program to repurchase up to 6,000,000 shares of the Company\u2019s outstanding common stock on or before September 30, 2024.<\/p>\n<p align=\"justify\">Under its current stock repurchase program, which expires on December 31, 2022, the Company has purchased 5,949,827 shares of the 7,500,000 total shares authorized for repurchase. The Company may repurchase the remaining 1,550,173 shares under the current stock repurchase program on or before December 31, 2022.<\/p>\n<p align=\"justify\">\u201cOur Board of Directors\u2019 decision to approve a new share repurchase authorization reflects the underlying momentum of our business and our continued confidence in the Company\u2019s growth trajectory, consistent with our balanced approach to capital management,\u201d said Douglas J. Hajek, Chairman of Meta\u2019s Board of Directors.<\/p>\n<p align=\"justify\">The Company may repurchase shares of its common stock on the open market and\/or in privately negotiated transactions. Open market repurchases will be made in accordance with applicable securities laws and regulations and may be effected pursuant to Rule 10b5-1 trading plans. The manner, timing and amount of any stock repurchases will be determined by the Company based on its evaluation of various factors, including its assessment of alternative uses of capital, the Company\u2019s stock trading price, general market and economic conditions, regulatory requirements and other business and legal considerations. The repurchase program does not obligate the Company to acquire any particular amount of common stock or to acquire shares on any particular timetable, and the program may be suspended or discontinued at any time at the Company\u2019s discretion.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Statements<br \/><\/strong>This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events, including those relating to the number or manner of future stock repurchases. These statements are often, but not always, made through the use of words or phrases such as \u201cmay,\u201d \u201cmight,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cpredict,\u201d \u201cpotential,\u201d \u201cbelieve,\u201d \u201cexpect,\u201d \u201ccontinue,\u201d \u201cwill,\u201d \u201canticipate,\u201d \u201cseek,\u201d \u201cestimate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cprojection,\u201d \u201cwould,\u201d \u201cannualized\u201d and \u201coutlook,\u201d or the negative version of those words or other comparable words or phrases of a future or forward-looking nature. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, estimates and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements as a result of various risks, uncertainties and other factors. For a discussion of some of the risks and important factors that could affect our future results and financial condition, see our U.S. Securities and Exchange Commission filings, including, but not limited to, our Annual Report on Form 10-K for the fiscal year ended September 30, 2020. The Company expressly disclaims any intent or obligation to update any forward-looking statements, whether written or oral, that may be made from time to time by or on behalf of the Company or its subsidiaries, whether as a result of new information, changed circumstances or future events, or for any other reason.<\/p>\n<p align=\"justify\">\n        <strong>About Meta Financial Group, Inc.<\/strong><br \/>\n        <sup><br \/>\n          <strong>\u00ae<br \/><\/strong><br \/>\n        <\/sup><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_o05oG7H8X7SSVG-88n647A-qyEbSADQII2LuAdgD7vB3tpilMg7r0vPua85smp2O-4nnHq2br9Kv7IU4kQnDJgkWzV4gfzt8iQhzek8ZWt5Q-bfF3hsbHxryJIQM7_F\" rel=\"nofollow noopener\" target=\"_blank\">Meta Financial Group, Inc.<\/a><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z2YX_tse-s5rWKXNhPRYAK4iXn6yIcZ40nAC-fQfAs2Q_-xb7vSncpeFXi-hM1heFuKqw8igf2251Y86wNwasg==\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <sup>\u00ae<\/sup><br \/>\n        <\/a> (\u201cMeta\u201d) (Nasdaq: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jDXUFAV-9akYzNGg6YaniawCCy0TJGaxcPXjasuLmR-NAer7ayP-neG1YwL5PQwndJAE0GUYmyQ7V5TYUKCs7Gwr-7zbtlkX2ag0_FrVWMg=\" rel=\"nofollow noopener\" target=\"_blank\">CASH<\/a>) is a South Dakota-based financial holding company. At Meta, our mission is financial inclusion for all<sup>\u00ae<\/sup>. Through our subsidiary, MetaBank<sup>\u00ae<\/sup>, N.A., we strive to remove barriers to financial access and promote economic mobility by working with third parties to provide responsible, secure, high quality financial products that contribute to the social and economic benefit of communities at the core of the real economy. Meta works to increase financial availability, choice, and opportunity for all. Additional information can be found by visiting <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yVQkK6PHRS1egpXwuSWUTjCK044BbmNbxtr7wNQCUquO8NG13RFuF2aK-vkBuydb6d90kviQ1b2IYbNtn1W3w9L_jXd0nQTVuGUgKk39NVwOE8faHh36KXehNTKsiSE0\" rel=\"nofollow noopener\" target=\"_blank\">www.metafinancialgroup.com<\/a>.<\/p>\n<p>\n        <strong>Investor Relations Contact<\/strong><br \/>\n        <br \/>Brittany Kelley Elsasser<br \/>605-362-2423<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Oq0S4Y2G4KNVmQA4khdLm1rX6art3_fWTWtP5tm1Myucrkxc136iCDsohNugZcBZ-qUa-V0o7Prq1EtEhhY05xa4NQDYpsuY7x_sLFWL5BA=\" rel=\"nofollow noopener\" target=\"_blank\">bkelley@metabank.com<\/a><\/p>\n<p>\n        <strong>Media Relations Contact<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=i3BSKftpXj7YcvRJYaS0QCIXlLBn5LsXNOSn5QIagR9Xe13h7PUsIstZeiUQ0FLo1NZWiziLPDUxTkBP7Fr8V6h-JNjv6gaX3GTe2OiurY56h--0nJZF8CfVDBTeo7O7\" rel=\"nofollow noopener\" target=\"_blank\">mediarelations@metabank.com<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyMTUyNSM0MzkyNzQ5IzUwMDA3ODY2Mw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NWIzMzE0NDktNWJjMi00YWQ1LWI4MTAtYmY4N2VmMGJlNjYwLTUwMDA3ODY2Mw==\/tiny\/Meta-Financial-Group-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SIOUX FALLS, S.D., Sept. 07, 2021 (GLOBE NEWSWIRE) &#8212; Meta Financial Group, Inc.\u00ae (Nasdaq: CASH) (the \u201cCompany\u201d) announced that its Board of Directors authorized a share repurchase program to repurchase up to 6,000,000 shares of the Company\u2019s outstanding common stock on or before September 30, 2024. Under its current stock repurchase program, which expires on December 31, 2022, the Company has purchased 5,949,827 shares of the 7,500,000 total shares authorized for repurchase. The Company may repurchase the remaining 1,550,173 shares under the current stock repurchase program on or before December 31, 2022. \u201cOur Board of Directors\u2019 decision to approve a new share repurchase authorization reflects the underlying momentum of our business and our continued confidence in the Company\u2019s growth trajectory, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-535142","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SIOUX FALLS, S.D., Sept. 07, 2021 (GLOBE NEWSWIRE) &#8212; Meta Financial Group, Inc.\u00ae (Nasdaq: CASH) (the \u201cCompany\u201d) announced that its Board of Directors authorized a share repurchase program to repurchase up to 6,000,000 shares of the Company\u2019s outstanding common stock on or before September 30, 2024. Under its current stock repurchase program, which expires on December 31, 2022, the Company has purchased 5,949,827 shares of the 7,500,000 total shares authorized for repurchase. The Company may repurchase the remaining 1,550,173 shares under the current stock repurchase program on or before December 31, 2022. \u201cOur Board of Directors\u2019 decision to approve a new share repurchase authorization reflects the underlying momentum of our business and our continued confidence in the Company\u2019s growth trajectory, &hellip; Continue reading &quot;Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-07T20:15:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyMTUyNSM0MzkyNzQ5IzUwMDA3ODY2Mw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program\",\"datePublished\":\"2021-09-07T20:15:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/\"},\"wordCount\":663,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMyMTUyNSM0MzkyNzQ5IzUwMDA3ODY2Mw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\\\/\",\"name\":\"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program - 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Under its current stock repurchase program, which expires on December 31, 2022, the Company has purchased 5,949,827 shares of the 7,500,000 total shares authorized for repurchase. The Company may repurchase the remaining 1,550,173 shares under the current stock repurchase program on or before December 31, 2022. \u201cOur Board of Directors\u2019 decision to approve a new share repurchase authorization reflects the underlying momentum of our business and our continued confidence in the Company\u2019s growth trajectory, &hellip; Continue reading \"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/","og_site_name":"Market Newsdesk","article_published_time":"2021-09-07T20:15:06+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyMTUyNSM0MzkyNzQ5IzUwMDA3ODY2Mw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program","datePublished":"2021-09-07T20:15:06+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/"},"wordCount":663,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyMTUyNSM0MzkyNzQ5IzUwMDA3ODY2Mw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/meta-financial-group-inc-announces-common-stock-share-repurchase-program\/","name":"Meta Financial Group, Inc.\u00ae Announces Common Stock Share Repurchase Program - 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