other material
confidence high
sentiment positive
materiality 0.55
Byline Bancorp approves 1.25M share repurchase program (~3.3% of outstanding)
BYLINE BANCORP, INC.
- Board authorized repurchase of up to 1.25M shares, representing ~3.3% of outstanding common stock.
- New program effective Jan 1, 2023 through Dec 31, 2023; prior program nearly exhausted with 2,139,262 shares bought.
- Repurchases may occur in open market or private transactions, with no obligation to buy any shares.
- Program is part of capital management strategy alongside dividends, M&A, and business investment.