other_material
confidence high
sentiment positive
materiality 0.55
Banner board authorizes repurchase of up to 5% of common stock (1.73M shares)
BANNER CORP
- Repurchase of up to 1,729,199 shares, ~5% of issued and outstanding common stock.
- CEO cites 'compelling investment opportunity' and long-term shareholder value creation.
- Shares may be bought in open market; timing depends on market conditions and corporate considerations.
- Banner Corporation is a $16.44 billion bank holding company operating Banner Bank in four Western states.
- Program effective July 24, 2025; no expiration date stated.
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