secwatch.observer — SEC 8-K summary
======================================

Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001157523-22-000700
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp adopts new $125M share repurchase program
----------------------------------------------------------------

- New authorization to repurchase up to $125M of common stock, replacing prior $125M program completed Feb 18, 2022.
- Prior program repurchased 2,858,503 shares at average cost of $43.73 per share.
- Approximately 75,150,090 shares outstanding as of press release date.
- Repurchases may be made on open market or privately; timing and amount at management's discretion, including 10b5-1 plans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000115752322000700/0001157523-22-000700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000115752322000700/a52732358.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000700

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer