Bridgewater Bancshares Inc. (BWB) Announces $25M Share Buyback
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Bridgewater Bancshares, Inc. Announces New Stock Repurchase Program
August 18, 2022 4:15 PM EDTST. LOUIS PARK, Minn.--(BUSINESS WIRE)-- Bridgewater Bancshares, Inc. (Nasdaq: BWB), the parent company of Bridgewater Bank, today announced that its Board of Directors approved a new stock repurchase program authorizing the repurchase of up to $25 million of its common stock (2022 Stock Repurchase Program).
The 2022 Stock Repurchase Program replaces and supersedes the existing $40 million stock repurchase program originally announced in January 2019, under which approximately $1.6 million of Bridgewaters common stock remained authorized for repurchase as of August 17, 2022 (2019 Stock Repurchase Program). Bridgewater repurchased approximately $1.6 million of common stock from the 2019 Stock Repurchase Program during the... More
