Standard Premium Finance Holdings, Inc. Completes Successful Stock Buyback Program, Repurchasing 2.5% of Outstanding Shares
Rhea-AI Summary
Standard Premium Finance Holdings (OTCQX: SPFX) completed a board-authorized stock buyback program, repurchasing 77,750 shares, about 2.5% of outstanding shares, at an average price of $2.24 per share.
The program ran from December 2025 through mid-2026 and followed the 2026 shareholders meeting, where management reported net income above $1 million for the first time and FY 2025 loan originations of $158.1 million. Standard Premium plans to keep reviewing capital allocation and may consider another repurchase program in 2027.
Positive
- Repurchased 77,750 shares, approximately 2.5% of outstanding equity
- Average repurchase price of $2.24 per SPFX share disclosed
- Net income exceeded $1 million for the first time in company history
- FY 2025 loan originations reached $158.1 million
- Management links buyback to confidence in long-term shareholder value
Negative
- None.
News Market Reaction – SPFX
In the Jul 1 session, SPFX declined 2.18%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
MIAMI, July 01, 2026 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (“Standard Premium”), a leading specialty finance company, today announces the completion of the Company’s successful board-authorized stock buyback program. Over the course of the program, Standard Premium repurchased 77,750 shares at an average price of
"Completing this stock buyback initiative reflects our confidence in creating long-term value for shareholders as we continue to scale our business and invest in sustainable growth opportunities,” says William Koppelmann, CEO, Standard Premium. “This disciplined approach to capital allocation reinforces our belief that our stock remains an attractive investment as we reinvest capital back into the business."
The stock buyback program began in December 2025, and the Company repurchased approximately
The completion of the stock buyback program follows the Company's 2026 Annual Shareholders Meeting, where management reported compelling financial performance, including net income exceeding
About Standard Premium Finance Holdings, Inc.
Standard Premium Finance Holdings, Inc. (OTCQX: SPFX), is a specialty finance company which has financed premiums on over
Cautionary Statement Regarding Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and within the meaning of Section 27a of the Securities Act of 1933, as amended, and Section 21e of the Securities Exchange Act of 1934, as amended with regard to our anticipated future growth and outlook. Our actual results may differ from expectations presented or implied herein and, consequently, you should not rely on these forward-looking statements as predictions of future events. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or results.
Additional information concerning risk factors relating to our business is contained in Item 1A Risk Factors of our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 20, 2026 which is available on the SEC’s website at www.sec.gov or on the Investor Relations section of our website, standardpremium.com.
Media:
Nicholas Turchiano
CPR Marketing
nturchiano@cpronline.com
201-641-1911x35
