Oppenheimer Holdings Inc. (NYSE:OPY) announces a share repurchase program. Under the program, the company will repurchase up to 518,000 shares of its Class A non-voting common stock, representing 5% of its issued and outstanding shares of Class A non-voting common stock. The repurchased shares will be cancelled.

Repurchases will be made using cash on hand. The share repurchase program is expected to continue indefinitely. As of March 1, 2024, the company has 10,357,376 issued and outstanding shares of Class A non-voting common stock.