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Meta Financial Group launches new share buyback plan

Meta Financial Group Inc.'s board approved a share buyback plan for the repurchase of up to 2 million common shares, or about 5%, of the Sioux Falls, S.D.-based company's outstanding common stock as of Feb. 28.

The program will be effective May 1 through Sept. 30, 2021.

Shares will be repurchased from time to time in the open market or in privately negotiated transactions.