other material
confidence high
sentiment neutral
materiality 0.40
Capital Bancorp board authorizes new $15M stock repurchase program
Capital Bancorp Inc
- Board approved repurchase of up to $15M or 483,559 shares (~4.1% of outstanding shares).
- Program replaces prior $15M authorization that expired Dec 31, 2024; 543,215 shares repurchased under old plan.
- New program expires Feb 28, 2026; management has discretion on timing and may use Rule 10b5-1 plans.
- Repurchases may be suspended or terminated at any time without notice.