HomeStreet (HMST) Announces Suspension of Share Repurchase Program

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Go back to HomeStreet (HMST) Announces Suspension of Share Repurchase Program

HomeStreet, Inc. Announces Suspension of Share Repurchase Program

March 24, 2020 9:00 AM EDT

SEATTLE--(BUSINESS WIRE)-- HomeStreet, Inc. (Nasdaq: HMST) (the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today announced that it has suspended its current share repurchase program, which had been authorized by the Board of Directors and not objected to by regulators for up to $25 million in aggregate amount of its common stock, no par value, and separately of its intention to withdraw its request for nonobjection of a subsequent increased authorization of up to an additional $10 million in aggregate amount of shares... More