Expensify, Inc. (EXFY), an expense management software company, on Friday announced the final results of its modified Dutch auction tender offer to purchase up to $25 million of its Class A common stock.
The company accepted 6,053,023 shares for purchase at $1.20 per share for approximately $7.3 million.
The shares purchased represent approximately 6.8% of the company's outstanding Class A common stock as of June 10.
A total of 6,053,023 shares were validly tendered and not withdrawn at or below the purchase price of $1.20 per share.
The company said it will fund the share repurchase with cash on hand.
In the pre-market trading, Expensify is 2.34% lesser at 1.2500 on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.