MEDALLION FINANCIAL CORP
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
View on SEC.govAbout this filing
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.
Jun 30, 2025 · Filed Aug 5, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
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, 2024, which was filed with the Securities and Exchange Commission on March 13, 2025.
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. During the quarter ended June 30, 2025, the Company repurchased 48,166 shares of its common stock at an aggregate cost of $0.5 million. Accordingly, as of June 30, 2025, up to $14,406,534 of shares remained authorized for repurchase under our stock repurchase program.
| Total Number 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 | |
|---|---|---|---|---|---|
| April 1 - April 30 | — | $— | — | $— | $14,861,069 |
| May 1 - May 31 | 400 | 9.04 | 400 | 3,614 | 14,857,455 |
| June 1 - June 30 | 47,766 | 9.44 | 47,766 | 450,920 | 14,406,534 |
| Total | 48,166 | $9.44 | 48,166 | $454,534 | $14,406,534 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.