PCB Bancorp (PCB) Announces Stock Repurchase Plan
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PCB Bancorp Announces Stock Repurchase Plan
April 12, 2021 4:05 PM EDTLOS ANGELES--(BUSINESS WIRE)-- PCB Bancorp (the Company) (NASDAQ: PCB), the bank holding company for Pacific City Bank, announced that on April 8, 2021, its Board of Directors approved a repurchase program authorizing for the repurchase up to 5% of the Companys outstanding common stock as of the date of the board meeting, which represented 775,000 shares, through September 7, 2021, with repurchases to commence shortly after the Company announces its unaudited results for the first quarter of 2021.
Under the stock repurchase program, the Company may purchase shares of its common stock through various means such as open market... More
