secwatch.observer — SEC 8-K summary
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Issuer:     CVB FINANCIAL CORP (CVBF)
CIK:        0000354647
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001193125-24-263588
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354647/000119312524263588/0001193125-24-263588-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354647/000119312524263588/d865216d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-263588

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