---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020311"
form_type: "8-K"
ticker: "ISTR"
cik: "0001602658"
company_name: "Investar Holding Corp"
filed_at: "2023-07-20T23:59:59+00:00"
generated_at: "2026-06-13T05:36:47.725863+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Investar Holding authorizes repurchase of additional 350,000 shares, citing undervaluation

## Summary
- Board authorized 350,000 additional shares for repurchase, ~4% of outstanding common stock.
- Combined with 248,439 remaining under prior authorization, total remaining ~598,000 shares.
- Repurchased 138,275 shares in H1 2023 at avg $14.39; $46.7M spent since 2015 (2.45M shares at avg $19.05).
- Company pays $0.10 quarterly dividend (34% CAGR since IPO).
- CEO says current price undervalued; repurchase program has no expiration date and may be suspended anytime.

## SEC filing metadata
- accession: 0001437749-23-020311
- form_type: 8-K
- ticker: ISTR
- cik: 0001602658
- company_name: Investar Holding Corp
- filed_at: 2023-07-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1602658/000143774923020311/0001437749-23-020311-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1602658/000143774923020311/istr20230714_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020311
- JSON: https://secwatch.observer/filing/0001437749-23-020311.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020311.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.