CVB Financial authorizes repurchase of up to 10 million shares, replacing prior program

CVB FINANCIAL CORP

Board authorized repurchase of up to 10,000,000 common shares under 2024 Repurchase Program.
Program replaces prior 2022 plan (4,300,059 shares remained) which is terminated.
Repurchases via open market, private transactions, or Rule 10b5-1 plans; expires in 5 years or when maximum reached.
CEO cites robust capital position and consistent earnings as rationale for program.

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