other material
confidence high
sentiment neutral
materiality 0.50
Sierra Bancorp authorizes new 1M share buyback, declares $0.25 quarterly dividend
SIERRA BANCORP
- New share repurchase program authorizes up to 1,000,000 shares from Oct 31, 2025 to Oct 31, 2026.
- Quarterly cash dividend of $0.25 per share payable Nov 14, 2025 to holders of record Nov 3, 2025.
- Current repurchase program expiring Oct 31, 2025 has no shares remaining for repurchase.
- Dividend marks 107th consecutive quarterly cash dividend; company has paid dividends since 1987.
- Board authorized management to enter into a 10b5-1 plan with a broker for share repurchases.