American River Bankshares (AMRB) Announces 5% Buyback Plan for 2012
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American River Bankshares (NASDAQ: AMRB) today announced that the Board of Directors has approved and authorized a new Stock Repurchase Program for 2012 (the "2012 Program"). The 2012 Program authorizes the repurchase during 2012 of up to 5% of the outstanding shares of the Company's common stock, or approximately 494,500 shares based on the 9,890,909 shares outstanding as of January 26, 2012.
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