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首选银行授权1.25亿美元股票回购计划
2025-05-23 04:13
- Preferred Bank (NASDAQ:PFBC) on Thursday approved a new $125M stock repurchase plan.
- This follows the completion of the company's prior stock repurchase plan on May 8, which was the final portion of the bank’s $150M buyback program authorized in 2023.
- The final tranche of repurchase activity saw the bank repurchase 818,059 shares for total consideration of $65.7M over the first and second quarters of 2025. For the entire $150M repurchase, the bank repurchased 2.1M shares at an average price of $70.13 per share.
- Source: Press Release
More on Preferred Bank
- Preferred Bank anticipates resolution of non-performing loans and monitors tariff uncertainties
- Preferred Bank announces approval to continue share repurchase plan
- Seeking Alpha’s Quant Rating on Preferred Bank
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