The eOMR is an increasingly popular execution alternative because it provides volume-weighted average price (VWAP) economics that are similar to an ASR but with the flexibility of an open market program. It allows companies to repurchase shares in an efficient manner and benefit from stock price volatility. This strategy tends to be more expensive if sourced from banks. We created the Matthews South eOMR that completely eliminates substantially all of this excess cost. Please reach out to our team if you would like to discuss this strategy in more detail.