First Business Financial Services (FBIZ) Raises Quarterly Dividend 9.1% to $0.18; 3.7% Yield

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Go back to First Business Financial Services (FBIZ) Raises Quarterly Dividend 9.1% to $0.18; 3.7% Yield

First Business Financial Services (FBIZ) Announces New $5 million Repurchase Program

January 28, 2021 4:00 PM EST

First Business Financial Services, Inc. (the Company) (Nasdaq: FBIZ) today announced that the Board of Directors has approved a share repurchase program and has authorized management to enter into a Rule 10b5-1 trading plan in connection with the repurchase program at the appropriate time. The program authorizes the repurchase by the Company of up to $5 million of its outstanding shares of common stock over a period of approximately twelve months, ending on January 31, 2022.

The Company suspended its prior share repurchase program in March 2020 due to the uncertainty surrounding the COVID-19... More