Western Alliance Offers Shareholders a New Share Repurchase Program

Key Takeaways Western Alliance approved a $300M share repurchase program with no expiration date.Repurchases may occur via open-market buys, private deals or block trades.WAL also pays a regular dividend, recently raised to 38 cents per share.Western Alliance Bancorporation’s (WAL) board of directors has approved a new share repurchase program of up to $300 million of its common stock. This authorization does not carry an expiration date, giving the company flexibility to repurchase shares at its discretion ...