BancorpSouth (BXS) Declares $0.10 Quarterly Dividend; Approves 7M Common Stock Buyback
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BancorpSouth Announces Stock Repurchase Authorization; Declares Quarterly Dividend
January 27, 2016 4:38 PM ESTTUPELO, Miss., Jan. 27, 2016 /PRNewswire/ -- BancorpSouth, Inc. (NYSE: BXS) announced today its Board of Directors has authorized a new stock repurchase program through December 29, 2017 to purchase up to an aggregate of 7,000,000 shares of BancorpSouth's outstanding common stock, par value $2.50 per share. The previous stock repurchase program, which was scheduled to expire on November 30, 2016, was terminated. Under that program, the Company repurchased 2,882,000 shares.Â
The shares may be purchased periodically in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in accordance with federal... More
