secwatch.observer — SEC 8-K summary
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Issuer:     CATHAY GENERAL BANCORP (CATY)
CIK:        0000861842
Form:       8-K
Filed at:   2025-06-05T23:59:59+00:00
Accession:  0001437749-25-019466
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cathay General Bancorp adopts new $150M share repurchase program
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/861842/000143774925019466/0001437749-25-019466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/861842/000143774925019466/caty20250604c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-019466

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