Provident Financial Holdings Announces New Stock Repurchase Plan

Core Viewpoint - Provident Financial Holdings, Inc. has authorized a stock repurchase program to buy back up to 5% of its common stock, approximately 334,773 shares, starting January 24, 2025, while canceling the previous repurchase program from September 2023 [1] Summary by Relevant Sections - Stock Repurchase Program The Company will initiate a stock repurchase program to acquire up to 5% of its common stock, which equates to about 334,773 shares. The purchases will occur in the open market or through private transactions over a one-year period, contingent on market conditions and the Company's capital requirements [1] - Cancellation of Previous Program The stock repurchase program initiated in September 2023 has been canceled effective January 24, 2025. There were 21,691 shares remaining eligible for repurchase under this program that will no longer be repurchased [1]