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CATY - Cathay General Bancorp adopts new buyback plan
Cathay General Bancorp
Cathay General Bancorp (CATY) BOD authorizes to repurchase up to $75M of common stock. The $50M share repurchase program announced on May 7, 2019, was completed on December 9, 2020, with the repurchase of 1,541,912 shares at an average cost of $32.43. he Company currently has approximately 79,597,097 shares of common stock outstanding on April 1, 2021.