Cathay General Bancorp authorizes new $125M share repurchase program

CATHAY GENERAL BANCORP

Board approved repurchase of up to $125M of common stock; replaces prior $125M program completed Feb 2023.
Prior program repurchased 2,897,628 shares at avg $43.14 per share.
Repurchases may occur on open market or in private transactions; 10b5-1 plan permitted.
Approximately 72.8M shares outstanding as of May 28, 2024.
Program can be suspended or modified at any time based on market conditions and other factors.

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