FS Bancorp (FSBW) Announces $5M Share Buyback

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Go back to FS Bancorp (FSBW) Announces $5M Share Buyback

FS Bancorp, Inc. Announces Additional Share Repurchase Authorization

August 15, 2023 12:00 PM EDT

MOUNTLAKE TERRACE, Wash., Aug. 15, 2023 (GLOBE NEWSWIRE) -- FS Bancorp, Inc. (NASDAQ: FSBW) (Company), the holding company for 1st Security Bank of Washington (Bank) announced that the Companys Board of Directors authorized the implementation of a stock repurchase program and authorized the Company to repurchase up to $5.0 million in shares or 2.5% of its outstanding shares of common stock in the open market, in privately negotiated transactions or shares withheld upon the exercise of equity awards from time to time over a 12-month period until July 31, 2024, at such prices as may be determined by the... More