Business First Bancshares, Inc. Announces Stock Repurchase Program

Core Points - Business First Bancshares, Inc. has announced a stock repurchase program with an aggregate purchase price of up to $30 million over a 24-month period starting from October 28, 2025, to October 28, 2027 [1][2]. Group 1: Stock Repurchase Program - The repurchases may occur in the open market or through privately negotiated transactions, depending on management's assessment of attractive prices and the best interests of the company and its shareholders [2]. - The program is not obligatory, and there is no assurance that shares will be repurchased; it can be modified, suspended, or terminated at the Board's discretion [3]. Group 2: Company Overview - As of September 30, 2025, Business First Bancshares, Inc. has $8.0 billion in assets and $5.7 billion in assets under management through its affiliate, Smith Shellnut Wilson LLC, excluding $0.9 billion of b1BANK assets managed by SSW [5]. - b1BANK operates banking centers and loan production offices in Louisiana and Texas, offering commercial and personal banking products and services [5]. - b1BANK has received accolades such as the 2024 Mastercard "Innovation Award" and has been recognized multiple times by American Banker Magazine as one of the "Best Banks to Work For" [5].