Dave Inc. announced an increase in its share repurchase authorization to $125 million, up from $50 million, following $25 million in stock buybacks since reporting Q2 earnings. COO and CFO Kyle Beilman cites confidence in the company’s outlook and business model. The program may include open market or private transactions, subject to market conditions. Dave has invested over $45 million in repurchases and RSU net settlements year-to-date to reduce share count. The company emphasizes disciplined capital allocation and will continue repurchasing shares opportunistically. Dave’s focus remains on strategic priorities and delivering returns to shareholders.

Read more at GlobeNewswire: Dave Inc. Expands Share Repurchase Authorization to $125