---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-018531"
form_type: "8-K"
ticker: "CATY"
cik: "0000861842"
company_name: "CATHAY GENERAL BANCORP"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:50:53.498817+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cathay General Bancorp authorizes new $125M share repurchase program

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-24-018531
- form_type: 8-K
- ticker: CATY
- cik: 0000861842
- company_name: CATHAY GENERAL BANCORP
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861842/000143774924018531/0001437749-24-018531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861842/000143774924018531/caty20240528_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-018531
- JSON: https://secwatch.observer/filing/0001437749-24-018531.json
- Plain text: https://secwatch.observer/filing/0001437749-24-018531.txt

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