RVSB - Riverview Bancorp announces $5M stock buyback program

Riverview Bancorp (NASDAQ:RVSB) announced a stock repurchase program, under which RVSB may repurchase up to $5M of shares over a period beginning on Mar. 21, continuing until the earlier of the completion of the repurchase or Sept. 9. RVSB said it will enter into a trading plan with Keefe, Bruyette & Woods, in accordance with Rule 10b5-1, to facilitate repurchases of its stock. Under the Rule 10b5-1 plan, Keefe, Bruyette & Woods would have the authority, under the prices, terms and limitations set forth in the plan, including compliance with Rule 10b-18, to repurchase shares on RVSB's behalf.

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Riverview Bancorp announces $5M stock buyback program