other material
confidence high
sentiment positive
materiality 0.55
FS Bancorp board authorizes $5M or 2.5% share repurchase program through July 2024
FS Bancorp, Inc.
- Up to $5.0 million or 2.5% of outstanding common shares authorized for repurchase.
- Program runs from August 18, 2023 through July 31, 2024 (12-month period).
- Repurchases may occur via open market, private transactions, or Rule 10b5-1 plans.
- Program can be suspended, modified, or terminated at any time; no minimum purchase obligation.
- Management will consider share price, market conditions, and alternative capital uses when executing.