- S&T Bancorp ( NASDAQ: STBA ) said Wednesday it extended its $50M share buyback plan , which was set to expire on March 31.
- The plan has $29.8M of remaining capacity and will now expire on March 31, 2024.
- The program does not obligate S&T ( STBA ) to buy back any particular number of shares.
- S&T ( STBA ) expects to fund any repurchases with cash on hand and internally generated funds.
- SA contributor Sheen Bay Research expects S&T's ( STBA ) earnings to be driven by margin expansion and loan growth .
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S&T Bancorp extends $50M stock buyback plan