Meta Financial Group Announces Share Repurchase Program
Meta Financial Group, Inc. (CASH) announces share repurchase program. On March 26 the company’s Board of Directors approved a new share repurchase program. According to the terms of the program, the company can repurchase up to 2 million shares of common stock. The program will be in effect from May 1, 2019 through September 30, 2021.
Sonal issued an alert to subscribers at 8:30 am. Regular market trading opened for the day at $18.61. The stock price climbed to $19.44 at the close for an event-day gain of 4.5%.
The stock price continued to increase over the next four trading sessions. Meta Financial closed at $20.17 on April 1 for a five-day gain of 8.38%.
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