Hope Bancorp, Inc. (HOPE) Announces $50M Share Buyback
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Hope Bancorp Announces New $50 Million Stock Repurchase Program
January 24, 2022 4:19 PM ESTLOS ANGELES--(BUSINESS WIRE)-- Hope Bancorp, Inc. (the Company) (NASDAQ: HOPE), the holding company of Bank of Hope (the Bank), today announced that its board of directors has approved a new stock repurchase program authorizing the Company to repurchase up to $50 million of its common stock.
The strong financial performance for the 2021 fourth quarter further supports our board and managements confidence in the long-term prospects of our franchise, said Kevin S. Kim, Chairman, President and Chief Executive Officer of Hope Bancorp, Inc. This new $50 million stock repurchase program underscores our ongoing commitment to returning capital... More
