MEDALLION FINANCIAL CORP

For the period ended Sep 30, 2024. Filed Nov 6, 2024.

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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 6, 2024

MFIN$9.69-3.0%Stored close · as of Nov 9, 2026

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Contents

ITEM 1A. RISK FACTORS

There have been no material changes in our risk factors from those disclosed in Part 1, Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which was filed with the Securities and Exchange Commission on March 7, 2024.

On April 29, 2022, our board of directors authorized a new stock repurchase program with no expiration date, pursuant to which we were authorized to repurchase up to $35 million of our shares, which was increased to $40 million on August 10, 2022, also with no expiration date. Such new repurchase program replaced the previous one, which was terminated. During the quarter ended September 30, 2024, the Company repurchased 122,344 shares of its common stock at an aggregate cost of $1.0 million. Accordingly, as of September 30, 2024, up to $15,392,299 of shares remained authorized for repurchase under our stock repurchase program.

	Total Numbers of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	TotalAmount Paid	Maximum Approximate Dollar Value of Shares that May Yet to Be Purchased under the Plans or Programs
July 1 - July 31	—	$—	—	$—	$16,357,829
August 1 - August 31	122,344	7.89	122,344	965,530	15,392,299
September 1 - September 30	—	—	—	—	15,392,299
Total	122,344	$7.89	122,344	$965,530	$15,392,299

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