other material
confidence high
sentiment positive
materiality 0.60
Byline Bancorp approves new stock repurchase program for up to 1.25M shares (~2.8% of outstanding)
BYLINE BANCORP, INC.
- Board authorized repurchase of up to 1,250,000 shares, representing about 2.8% of outstanding common stock.
- Program effective January 1, 2025 through December 31, 2025.
- Repurchases may occur via open market or private transactions, including a Rule 10b5-1 plan.
- Company not obligated to repurchase any shares; program may be discontinued at any time.
- CEO states program reflects disciplined capital management and commitment to stockholder value.