other material
confidence high
sentiment positive
materiality 0.55
PCB Bancorp authorizes repurchase of up to 720,000 shares (5% of outstanding)
PCB BANCORP
- Board approved repurchase of up to 720,000 shares of common stock, ~5% of outstanding.
- Program expires August 2, 2024; purchases may begin August 8, 2023.
- Repurchases may occur via open market, block trades, or private transactions.
- Company intends to use a Rule 10b5-1 trading plan for execution.
- Program is discretionary and may be suspended or discontinued at any time.