Orion Digital Repurchases One Million Shares
Business Wire•11/11/2026•10:00 ET
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Key Highlights
- ➤Orion repurchased one million shares at an average US$1.15 per share
- ➤US$5.7 million remains under Orion’s Nasdaq share repurchase authorization
- ➤Orion repurchased 1,245,725 shares in 2026
- ➤Since 2022, repurchases equal approximately 11% of shares outstanding
- ➤Q3 operating cash flow reached $2.5 million; debt repayment totaled $4.3 million
Expert Statements
Greg Feller, President and CFO of Orion Digital
“We remain focused on allocating capital where we believe it can generate attractive long-term returns for shareholders.”
Greg Feller, President and CFO of Orion Digital
“At current levels, we believe opportunistic share repurchases represent an attractive use of capital given the underlying value and opportunity we see in the business.”
Cumulative share repurchases since 2022 equivalent to approximately 11% of shares outstanding
Orion Digital Corp. (NASDAQ: ORIO; TSX: ORIO) (“Orion Digital” or the “Company”) today announced that on November 10, 2026, it repurchased one million shares of its common shares under the Company’s previously announced Nasdaq share repurchase authorization, at an average of US$1.15 per share, representing approximately 4% of the common shares outstanding as at September 30, 2026. Following this transaction, the Company has approximately US$5.7 million remaining under the authorization.
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