CHICAGO, Sept. 15, 2017 /PRNewswire/ -- Enova
International (NYSE: ENVA), a leading financial technology company
offering consumer and small business loans and
financing, today announced that its Board of Directors has
authorized a share repurchase plan for up to $25
million of its common stock through December 31, 2019.
"This share repurchase plan will give us additional flexibility
to deliver on our commitment to creating value for our
shareholders, while reserving adequate liquidity for our primary
focus of investing in our six growth businesses," said David Fisher, Enova's CEO.
Repurchases will be made in accordance with applicable
securities laws from time to time in the open market, through
privately negotiated transactions, or otherwise. The share
repurchase program does not obligate the Company to purchase any
shares of its common stock. The authorization for the share
repurchase program may be terminated, increased or decreased by the
Company's Board of Directors in its discretion at any time.
About Enova
Enova (NYSE: ENVA) is a leading provider of online financial
services to non-prime consumers and small businesses, providing
access to credit powered by its advanced analytics, innovative
technology, and world-class online platform and services. Enova has
provided almost five million customers around the globe access to
more than $20 billion in loans and
financing. The financial technology company has a portfolio of
trusted brands serving consumers, including CashNetUSA®,
DollarsDirect®, NetCredit®, On Stride Financial®, Pounds to
Pocket®, QuickQuid® and Simplic®; two brands serving small
businesses, Headway Capital® and The Business Backer®; and offers
online lending platform services to lenders. Through its Enova
Decisions™ brand, it also delivers on-demand decision-making
technology and real-time predictive analytics services to clients.
You can learn more about the company and its brands
at www.enova.com.
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SOURCE Enova International, Inc.