Enova International, Inc. announces an Equity Buyback for $50 million worth of its shares.
January 31, 2019 at 04:18 pm
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Enova International, Inc. (NYSE:ENVA) announces a share repurchase program. Under the program, the company is authorized to repurchase up to $50 million worth of its shares. The program will expire on December 31, 2020.
Enova International, Inc. is a technology and analytics company, which is focused on providing online financial services. The Company offers or arranges loans or draws on lines of credit to consumers in 37 states in the United States and Brazil. It also offers financing to small businesses in 49 states and Washington D.C. in the United States. Its customers include small businesses which have bank accounts but use alternative financial services because of their limited access to more traditional credit from banks, credit card companies and other lenders. The Companyâs products and services include consumer installment loans; small business installment loans; consumer line of credit accounts; small business line of credit accounts; CSO program, and bank programs. It markets its financing products under the names CashNetUSA at www.cashnetusa.com, NetCredit at www.netcredit.com, OnDeck at www.ondeck.com, Headway Capital at www.headwaycapital.com and Pangea at www.pangeamoneytransfer.com.
ENOVA INTERNATIONAL, INC. 
