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Dave Inc. Announces $50 Million Share Buyback Plan

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Dave Inc. Announces $50 Million Share Buyback Plan

Dave ( (DAVE) ) just unveiled an announcement.

On March 10, 2025, Dave Inc. announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of its outstanding Class A common stock. This decision reflects the company’s confidence in its financial strength and long-term growth potential, aiming to enhance shareholder value. The repurchase program will be executed based on market conditions and may involve various methods, including open market and privately negotiated transactions. The program does not obligate Dave to repurchase a specific number of shares and can be modified or terminated at any time.

More about Dave

Dave Inc. is a leading U.S. neobank and fintech pioneer that serves millions of everyday Americans. The company leverages disruptive technologies to offer best-in-class banking services at a fraction of the cost compared to traditional banks.

YTD Price Performance: -3.42%

Average Trading Volume: 487,406

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.09B

See more data about DAVE stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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