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BofI Holding, Inc. Buyback

OLI recorded this information on 3/21/2016

Company: BofI Holding, Inc.
Buyback: BOFI buyback
$Amount Authorized: $100,000,000
Buyback Details: BofI Holding, Inc. (NASDAQ: BOFI) (the "Company"), parent company of BofI Federal Bank, announced that its Board of Directors has authorized a program to repurchase up to $100 million of the Company's common stock. The new share repurchase authorization replaces the existing share repurchase plan approved on July 5, 2005.

Axos Financial is a holding company for BofI Federal Bank (Bank), a financial services company that provides consumer and business banking products. Co. distributes its deposit products through a range of retail distributions channels, and its deposits consist of demand, savings and time deposits accounts. Co. distributes its loan products through its retail, correspondent and wholesale channels, and the loans Co. retains are primarily first mortgages secured by single family real property and by multifamily real property as well as commercial and industrial loans to businesses. As of June 30 2017, Co. had total assets of $8.50 billion and total deposits of $6.90 billion.
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Company Name:  Axos Financial Inc
Stock buyback:  BOFI buyback
Website:  www.bofiholding.com
Sector:  Credit Services & Lending
 

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April 27, 2024    11:31 AM Eastern
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Buy (3.43 out of 4)
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