OP Payday Loan Co. Boosts Stock Buyback To $30 mn
QC Holdings Inc., a payday loan company recently announced that its board of directors has increased the company’s common stock repurchase program to $30 million. During August, QC said it repurchased 850,000 shares of its common stock for approximately $10.3 million. Kansascity.com reports:
The program, which recently was extended to June 30, 2007, would have been completed upon reaching $20 million.
Read more: OP payday loan company boosts stock buyback to $30 million