Byline Bancorp (BY) Announces 1.25M Share Buyback

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Byline Bancorp Announces Approval of New Stock Repurchase Program

December 5, 2024 4:30 PM EST

CHICAGO--(BUSINESS WIRE)-- Byline Bancorp, Inc. (Byline or the Company) (NYSE: BY), announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to 1.25 million shares of the Companys outstanding common stock. The shares authorized to be repurchased represent approximately 2.8% of the Companys currently outstanding common stock. The new program will be effective January 1, 2025 and be in effect until December 31, 2025.

Roberto R. Herencia, Executive Chairman and Chief Executive Officer of Byline Bancorp, Inc., stated, "The new stock repurchase program underscores our disciplined... More