Shares of Repay Holdings Corporation (RPAY) are moving up about 26 percent on Friday morning trading after the company received an all-cash takeover proposal from Forager Capital Management, LLC, the largest shareholder of the company.
The company's shares are currently trading at $4.01 on the Nasdaq, up 26.57 percent. The stock opened at $3.98 and has climbed as high as $4.03 so far in today's session. Over the past year, it has traded in a range of $2.300 to $6.0550.
In the letter, Forager proposed to acquire 100 percent outstanding shares of Repay Holdings at a price of $4.80 per share in cash.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.