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RBB Bancorp Announces $18 Million Stock Repurchase Plan
Globenewswire· 2025-05-29 20:05
Core Viewpoint - RBB Bancorp has authorized a stock repurchase plan for up to $18 million of its outstanding common stock, effective through June 30, 2026, indicating a commitment to returning value to shareholders [1][2]. Company Overview - RBB Bancorp is a community-based financial holding company headquartered in Los Angeles, California, with total assets of $4.0 billion as of March 31, 2025 [3]. - The company's subsidiary, Royal Business Bank, operates 24 full-service branches across six states, primarily serving Asian-centric communities [3]. - The bank offers a variety of services including consumer and business banking, commercial loans, and wealth management [3]. Stock Repurchase Plan Details - The repurchase plan allows for shares to be bought in open market or private transactions, and can be suspended or modified based on various factors such as market conditions and liquidity [2]. - The plan does not obligate the company to repurchase a specific number of shares, providing flexibility in execution [2].
Mission Bancorp Announces Extension of Stock Repurchase Plan and Declares 5.00% Annual Stock Dividend
Prnewswire· 2025-04-28 21:13
Core Points - Mission Bancorp has extended its stock repurchase plan and approved a 5.00% stock dividend, reflecting the company's strong performance amid uncertainty [1][2] - The stock repurchase plan allows for a maximum of $3.0 million in common stock to be repurchased, with an extension through October 23, 2025 [2] - The 5.00% stock dividend will be issued on June 2, 2025, to shareholders of record as of May 19, 2025 [3] Company Overview - Mission Bancorp has $1.9 billion in assets and operates four wholly owned subsidiaries, including Mission Bank [4] - The company serves various regions in California through eight Business Banking Centers [4]
OraSure Announces $40 Million Stock Repurchase Program
Newsfilter· 2025-03-24 11:30
Core Viewpoint - OraSure Technologies, Inc. has authorized a stock repurchase program of up to $40 million over the next twenty-four months, to be funded from cash on hand [1][2]. Company Overview - OraSure Technologies, Inc. is a leader in point-of-need and home diagnostic tests and sample management solutions, aiming to improve access, quality, and value of healthcare through innovative testing and sample management [3]. - The company, along with its subsidiaries DNA Genotek Inc. and Sherlock Biosciences, Inc., develops, manufactures, and distributes rapid diagnostic tests and sample collection devices globally [3]. Stock Repurchase Program - The stock repurchase may be executed through various methods in compliance with applicable laws, with the timing and amount determined at the management's discretion [2]. - The repurchase program can be modified, suspended, or discontinued at any time without prior notice [2].