Business Daily.
.
A+ R A-

Green Dot Receives Regulatory Approval for Share Repurchase Program

E-mail Print PDF
PASADENA, Calif.--(BUSINESS WIRE)--Green Dot Corporation (NYSE:GDOT), today announced that it recently received regulatory approval for its previously-announced $150 million share repurchase authorization. Green Dot also announced that it had entered into a definitive agreement with Bank of America Merrill Lynch to purchase a total of $40 million of its Class A common stock under an accelerated stock repurchase transaction. Under the agreement, Green Dot will receive an initial delivery of appr

imageimage
Grow Your Business with Times Media
Business Daily Media