Figure Technology Solutions Projects Q4 Volume Between $6.2B-$6.7B and Announces $400M Share Buyback
Figure Technology Solutions (FIGR) reported a strong third quarter, characterized by strategic growth through the acquisition of Kiavi. Following this integration, the company announced a significant $400 million share buyback program, signaling confidence in its capital position and long-term value. The company provided optimistic guidance for the fourth quarter, projecting transaction volumes to reach between $6.2 billion and $6.7 billion. Management highlighted the increasing momentum of the Figure Connect platform as a key driver for future scalability and market expansion.
Tickers: $FIGR
Topics: acquisition earnings call platform growth