Cathay General Bancorp adopts new $150M share repurchase program

CATHAY GENERAL BANCORP

New buyback authorizes up to $150M of common stock; prior $125M program completed Feb 28, 2025.
Previous program repurchased 2,905,487 shares at average cost of $43.02 per share.
Repurchases may be made in open market or private transactions; timing and volume at management's discretion.
Company has approximately 70,133,321 shares outstanding as of the press release date.
Program can be suspended, terminated, or modified at any time based on market conditions and other factors.

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