Pacific Premier Bancorp (PPBI) Approves Additional 1M Common Buyback

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) has approved its second stock repurchase program. Under the new repurchase program, management is authorized to repurchase up to 1,000,000 shares, or approximately 9.7%, of the 10.3 million outstanding shares of the Company's common stock. The program may be limited or terminated at any time without prior notice. The new program is intended to replace and supersede the Company's original repurchase program, which was approved in February 2007 and authorized the repurchase of up to 600,000 shares of the Company's common stock. An aggregate of 504,837 shares were repurchased under that program.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Reitar Logtech launches $3M share repurchase program
• Ericsson repurchases 2.5 million shares in weekly buyback
• Hilton Grand Vacations approves new $600M share repurchase plan