05:47 PM EDT, 05/12/2025 (MT Newswires) -- Axos Financial ( AX ) said late Monday its board increased the existing stock repurchase program by an additional $100 million.

Approximately $48 million remains from the prior increase announced in Feb. 2024, the company said.

The company said it might repurchase shares on the open market or via privately negotiated transactions, subject to factors like stock trading price and general market conditions.