Red River Bancshares (RRBI) Renews $5M Share Buyback
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Red River Bancshares, Inc. Announces Renewal of Stock Repurchase Program
December 19, 2024 4:30 PM ESTALEXANDRIA, La., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the Company) announced today that its board of directors approved the renewal of its stock repurchase program, which will expire on December 31, 2024. The renewed repurchase program authorizes the Company to purchase up to $5.0 million of its outstanding shares of common stock from January 1, 2025 through December 31, 2025. Blake Chatelain, the Companys President and Chief Executive Officer, said, We are pleased to renew our stock repurchase program for 2025, which shows our continued commitment to returning excess capital to our shareholders.... More
