Enova International, Inc. said its board approved a $500 million share-repurchase authorization through June 30, 2028, replacing an existing $400 million program scheduled to expire a year earlier.
The company said Tuesday, Nov. 10, that the board had approved the authorization. The $500 million is the maximum available for repurchases, not an amount already spent.
Enova said it will terminate the existing authorization when the replacement takes effect. The new authorization expires June 30, 2028.
