other_material
confidence high
sentiment neutral
materiality 0.50
Blue Ridge Bankshares authorizes up to $15M share repurchase program
BLUE RIDGE BANKSHARES, INC.
- Board authorized repurchase of up to $15M of common stock.
- Repurchases may be made via open market, block trades, or private transactions.
- Program may be modified, suspended, or terminated at any time; no obligation to repurchase.
- Repurchased shares will be cancelled and revert to authorized but unissued status.
- Factors affecting timing include market conditions, liquidity, capital needs, and alternative investments.
item 8.01item 9.01