Cass Information Systems increases share repurchase authorization to 1,000,000 shares

CASS INFORMATION SYSTEMS INC

Board authorized repurchase of up to 1,000,000 shares, replacing prior 500,000 authorization.
No expiration date; repurchases may be via open market, private transactions, or Rule 10b5-1 plans.
Company cites capital return flexibility, offsetting dilution from stock-based comp, and opportunistic share count reduction.
Funding from cash on hand; timing and size depend on market conditions and regulatory capital needs.

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