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Northrim BanCorp (NRIM) Expands Stock Buyback by 300K Shares

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Northrim BanCorp, Inc. Expands Stock Repurchase Program

January 28, 2022 4:15 PM EST

ANCHORAGE, Alaska, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that its Board of Directors has authorized for repurchase up to an additional 300,000 shares of its common stock, or approximately 5% of the currently issued and outstanding shares. Prior to the increase, no shares remained available for repurchase under Northrims stock repurchase program.

Northrims stock repurchase program has helped to build long-term value for our shareholders and we feel that it continues... More