Hope Bancorp announces $50M stock repurchase program

HOPE BANCORP INC

Board authorized repurchase of up to $50M of common stock; program has no expiration date.
Repurchases may be made via open market, block trades, or privately negotiated transactions.
CEO Kevin Kim cites confidence in improved operational performance post-pandemic and commitment to returning capital.
Program may be modified, amended, suspended, or discontinued at any time without notice.

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