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Ledyard Financial Group, Inc. Announces Stock Repurchase Program
Globenewswire· 2026-02-06 14:00
HANOVER, N.H., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Ledyard Financial Group, Inc. (OTCQX®: LFGP) (the “Company”), the holding company for Ledyard National Bank (the “Bank”), today announced that its Board of Directors has authorized the repurchase of up to 173,135 shares of the Company’s common stock, which is approximately 5% of its issued and outstanding common stock. “We view our stock to be a compelling investment opportunity and believe that repurchasing shares supports the creation of long-term sharehold ...
Advanced Drainage Systems Announces Third Quarter Fiscal 2026 Results, Increases Stock Repurchase Authorization
Businesswire· 2026-02-05 11:40
HILLIARD, Ohio--(BUSINESS WIRE)--Advanced Drainage Systems, Inc. (NYSE: WMS) ("ADS†or the "Company†), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries today announced financial results for the fiscal third quarter ended December 31, 2025. Third Quarter Fiscal 2026 Results Net sales increased $2.8 million or 0.4% to $693.4 million Net income increased $11.7 million or 14.3% to $94.0 million Net income per diluted share increased $0.1. ...
SmartFinancial Approves Regular Quarterly Cash Dividend and Announces Share Repurchase Program
Businesswire· 2026-01-30 22:00
The Board also authorized a stock repurchase plan (the "2026 Repurchase Plan†), pursuant to which SmartFinancial may purchase, from time to time, up to an aggregate amount of $10 million of its shares of common stock. The 2026 Repurchase Plan will become effective on March 1, 2026, and will expire on February 28, 2027, unless extended by the Board. The 2026 Repurchase Plan will replace SmartFinancial's prior stock repurchase plan, which will be terminated when the 2026 Repurchase Plan becomes effective. F ...
Verizon Earnings Beat; 2026 Profit Outlook Above Views Amid $25 Billion Buy Back
Investors· 2026-01-30 15:32
Verizon Stock: Verizon Earnings And Wireless Subscriber Gains Beat, Outlook Strong | Investor's Business DailyBREAKING: [Trump Names Warsh New Fed Chairman]---Verizon Communications (VZ) on Friday reported fourth-quarter earnings, revenue and wireless subscriber additions that topped Wall Street estimates. Verizon stock popped amid 2026 profit guidance that came in above expectations under a new chief executive. On its earnings call with Wall Street analysts, Verizon announced a stock repurchase of "up to $ ...
HomeTrust Bancshares, Inc. Announces Completion of Previous Stock Repurchase Program and Authorization of New Stock Repurchase Program
Globenewswire· 2025-12-16 13:30
Core Insights - HomeTrust Bancshares, Inc. has completed its 5% stock repurchase program, repurchasing a total of 806,000 shares at an average price of $31.84 per share [1] - The Board of Directors has authorized an additional repurchase of up to 870,000 shares, representing approximately 5% of the currently outstanding shares [1] Company Overview - HomeTrust Bancshares, Inc. is headquartered in Asheville, North Carolina, and operates as the holding company for HomeTrust Bank, which has over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia [2] - As of September 30, 2025, the company reported total assets of $4.6 billion [2] - The company aims to be recognized as a high-performing regional community bank and has received multiple accolades, including being named one of Bank Director's "Best U.S. Banks" and one of Forbes' "America's Best Banks" [2]
HomeTrust Bancshares, Inc. Announces Completion of Previous Stock Repurchase Program and Authorization of New Stock Repurchase Program
Globenewswire· 2025-12-16 13:30
Core Viewpoint - HomeTrust Bancshares, Inc. has completed its 5% stock repurchase program and authorized an additional repurchase of up to 870,000 shares, reflecting a commitment to enhancing shareholder value [1] Company Overview - HomeTrust Bancshares, Inc. is headquartered in Asheville, North Carolina, and operates as the holding company for HomeTrust Bank, which has over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia [2] - As of September 30, 2025, the company reported total assets of $4.6 billion [2] - The company aims to be recognized as a high-performing regional community bank and has received multiple accolades, including being named one of Bank Director's "Best U.S. Banks" and one of Forbes' "America's Best Banks" [2]
MarketAxess Announces Medium-Term Financial Targets1 Increases Stock Repurchase Authorization to $505 million Intends to Effect an Accelerated Stock Repurchase
Businesswire· 2025-12-09 12:30
Core Insights - MarketAxess Holdings Inc. has announced medium-term financial targets for the company [1] - The Board of Directors has authorized a share repurchase program of up to $400 million [1] - This new authorization is in addition to the remaining capacity of $105 million for share repurchase [1]
LendingClub Announces Common Stock Acquisition Program, Expands into Home Improvement Financing
Crowdfund Insider· 2025-11-07 23:04
Core Insights - LendingClub's Board of Directors has approved a stock repurchase program to acquire "up to $100 million" of common stock through December 31, 2026, reflecting confidence in the company's financial strength and long-term earnings potential [1][2] - The company has transitioned from a marketplace lending platform to a digital bank, achieving record pre-tax net income in Q3 2025, and is focused on capital allocation and shareholder value [2][4] - LendingClub is expanding into the home improvement financing market through a partnership with Wisetack, aiming to provide consumers with accessible financing options and leveraging technology for better service delivery [2][3] Company Transformation - LendingClub has transformed its business model by becoming a bank holding company in 2021, which has positively impacted its financial profile [2] - The firm emphasizes a customer-centric approach, stating that their success is tied to the success of their members [2] Market Expansion - The collaboration with Wisetack will enable LendingClub to offer real-time approvals and transparent terms for home improvement financing, enhancing accessibility for consumers [3] - The company plans to begin purchasing participation certificates from Wisetack in early 2026 and will utilize its underwriting model for larger loans by mid-2026 [3] Growth Outlook - The combination of consumer demand, merchant adoption, and efficient service delivery positions LendingClub for sustained growth in 2026 and beyond [4]
CBL Properties Reloads and Extends Its $25 Million Stock Repurchase Plan
Businesswire· 2025-11-05 22:15
Core Viewpoint - CBL Properties has authorized a new stock repurchase program to buy up to $25 million of its common stock, replacing the previous program initiated on May 1, 2025 [1] Summary by Relevant Sections - **Stock Repurchase Program** - The new program allows CBL Properties to allocate additional capital for investment opportunities [1] - The previous program resulted in the acquisition of 248,590 shares for $7.3 million [1]
BBSI Reports Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 21:05
Core Insights - Barrett Business Services, Inc. (BBSI) reported a strong financial performance for Q3 2025, with revenues increasing by 8% to $318.9 million and gross billings rising by 9% to $2.32 billion, driven by new client additions and growth in professional employer services [1][3][4]. Financial Performance - Revenues for Q3 2025 were $318.9 million, up from $294.3 million in Q3 2024, reflecting an 8% year-over-year increase [3]. - Gross billings increased to $2.32 billion in Q3 2025, compared to $2.14 billion in the same quarter of the previous year, marking a 9% growth [4]. - Net income for the quarter rose to $20.6 million, or $0.79 per diluted share, compared to $19.6 million, or $0.74 per diluted share, in Q3 2024 [6][11]. Operational Metrics - The average number of worksite employees (WSEs) increased by 6% year-over-year, reaching 141,492 in Q3 2025 [11][19]. - Workers' compensation expense as a percentage of gross billings was 2.2% in Q3 2025, a slight decrease from 2.3% in Q3 2024, benefiting from lower costs [5][18]. Liquidity and Capital Allocation - As of September 30, 2025, BBSI had unrestricted cash and investments totaling $109.8 million, up from $90.4 million as of June 30, 2025, and remained debt-free [7]. - The company authorized a stock repurchase program of up to $100 million, with $7.5 million of stock repurchased in Q3 2025 [8][9]. - BBSI paid $2.1 million in dividends during the quarter, confirming a quarterly cash dividend of $0.08 per share [10]. Strategic Outlook - BBSI's management emphasized a focus on disciplined execution and investment in technology and service delivery to support long-term growth, despite a cautious economic environment [2].