Hope Bancorp, Inc. (HOPE) Approves $50M Buyback Plan
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Hope Bancorp Announces Authorization of New $50 Million Share Repurchase Program
September 26, 2018 4:10 PM EDTLOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE), the holding company of Bank of Hope (the Bank), today announced that its board of directors has approved a new share repurchase program that authorizes the Company to repurchase up to $50 million of its common stock.
This new authorization will enable the Company to continue repurchasing shares of our common stock following the completion of our previous $100 million repurchase program in July 2018, said Kevin S. Kim, President and Chief Executive Officer of Hope Bancorp. We are optimistic about the long-term opportunities to enhance... More
