Eagle Bancorp (EGBN) Declares $0.22 Quarterly Dividend; Approves New Share Repurchase Program

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Go back to Eagle Bancorp (EGBN) Declares $0.22 Quarterly Dividend; Approves New Share Repurchase Program

Eagle Bancorp, Inc. Announces Cash Dividend and New Repurchase Program

December 17, 2020 4:30 PM EST

BETHESDA, Md., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the fourth quarter of 2020, in the amount of $0.22 per share. The cash dividend will be payable on February 1, 2021 to shareholders of record on January 8, 2021.

Additionally, the Board of Directors adopted a new share repurchase program to take effect starting January 1, 2021, after the expiration of the current repurchase program on December 31, 2020. The Board of Directors authorized the repurchase of 1,588,848 shares of common stock, or... More