2023-06-15 08:50:10 ET
- Southern California Bancorp ( NASDAQ: BCAL ) Board of Directors has authorized the company to repurchase up to 550K shares or ~3% of company's shares.
- “This share repurchase program demonstrates the confidence our Board of Directors and management team have in the future of our business and our commitment to building long-term shareholder value. The program will allow us to be flexible in the opportunistic deployment of capital for share repurchases.” said David Rainer, Chairman and CEO.
For further details see:
Southern California Bancorp to buyback 3% shares