India, Aug. 13 -- Dave Inc. (DAVE) Wednesday announced that its Board of Directors has approved an increase in the company's share repurchase authorization to $125 million, which replaces the previous $50 million authorization announced on March 10, 2025.
Since Dave reported its second quarter earnings on August 6th, the company has deployed approximately $25 million to repurchase its common stock.
Year-to-date, Dave has invested more than $45 million through share repurchases and RSU net settlements, executed at accretive levels, to reduce its share count.
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"Our recent share purchases and increased repurchase authorization reflect the confidence we have...