Banc of California (BANC) Declares $0.06 Quarterly Dividend; Approves $45M Buyback

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Banc of California Announces Quarterly Dividends and $45 Million Stock Repurchase Program

February 10, 2020 4:15 PM EST

SANTA ANA, Calif.--(BUSINESS WIRE)-- Banc of California, Inc. (NYSE: BANC)(the Company), the holding company parent of Banc of California, N.A., today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its outstanding common stock. The dividend will be payable on April 1, 2020 to stockholders of record as of March 16, 2020. The Company also announced that its Board of Directors has authorized the repurchase of up to $45 million of the Companys common stock.

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