Red River Bancshares (RRBI) Declares $0.06 Quarterly Dividend; Approved Stock Repurchase Program
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Red River Bancshares, Inc. Approves Stock Repurchase Program; Declares Quarterly Cash Dividend
August 27, 2020 4:01 PM EDTALEXANDRIA, La., Aug. 27, 2020 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the Company) announced today that its Board of Directors (the Board) approved a stock repurchase program. The repurchase program authorizes the Company to purchase up to $3 million of outstanding shares of common stock through August 27, 2021. Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions. Blake Chatelain, the Companys President and Chief Executive Officer, said, Approval of this stock repurchase program shows our commitment to promoting... More
