Banner Corp. (BANR) Renews 5% Buyback Authorization

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Banner Corporation Renews Stock Repurchase Program

March 31, 2017 9:00 AM EDT

WALLA WALLA, Wash., March 31, 2017 (GLOBE NEWSWIRE) -- Banner Corporation (NASDAQ GSM: BANR), the parent company of Banner Bank and Islanders Bank, today announced that its Board of Directors has renewed its authorization to repurchase up to 5% of its common stock, or 1,658,245 shares.  Under the plan, shares may be repurchased by the Company in open market purchases.  The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market... More