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Navient Buyback

OLI recorded this information on 12/13/2021

Company: Navient
Buyback: NAVI buyback
$Amount Authorized: $1,000,000,000
Buyback Details: Navient (Nasdaq:NAVI), a leader in education loan management and business processing solutions, announced today that its Board of Directors approved a new share repurchase program for up to $1 billion of the company's outstanding common stock.

Navient is a provider of education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels. Co. operates its business in the following primary segments: Federal Education Loans, in which Co. owns Federal Family Education Loan Program Loans and performs servicing and asset recovery services on this portfolio; Consumer Lending, in which Co. owns, originates, acquires and services Private Education Loans; and Business Processing, in which Co. performs business processing services for various government and healthcare clients.

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Company Name:  Navient Corp
Stock buyback:  NAVI buyback
Website:  www.navient.com
Sector:  Credit Services & Lending
Number of ETFs Holding NAVI:  55
Total Market Value Held by ETFs:  $343.86M
Total Market Capitalization:  $1.91B
% of Market Cap. Held by ETFs:  17.98%
 

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April 20, 2024    7:13 AM Eastern
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Hold (1.60 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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