Mogo repurchases 2% of shares in second quarter

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Go back to Mogo repurchases 2% of shares in second quarter

Mogo Repurchases 2% of Outstanding Shares in Q2 2025

July 7, 2025 7:50 AM EDT

Future Buybacks to Be Evaluated Against Bitcoin Hurdle Rate

Mogo Retains Significant Buyback Capacity Under Current Buyback Program

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Mogo Inc. (Mogo or the Company) (NASDAQ: MOGO; TSX: MOGO), a Canadian financial technology company offering solutions across wealth, lending, and payments, today announced that it repurchased approximately 2% of its currently issued and outstanding shares during the second quarter of 2025 under its previously announced NASDAQ buyback program.

During the quarter, the Company repurchased 523,091 common shares at an average price of approximately... More