other material
confidence high
sentiment neutral
materiality 0.55
Banner Corp authorizes repurchase of up to 1.72M shares (5% of outstanding)
BANNER CORP
- Repurchase program covers up to 1,722,787 shares, ~5% of issued and outstanding common stock.
- Buybacks will be in open market; timing depends on market conditions and other considerations.
- CEO cites stock as attractive investment for building long-term shareholder value.