other material
confidence high
sentiment positive
materiality 0.55
Cathay General Bancorp adopts new $150M share repurchase program
CATHAY GENERAL BANCORP
- Board authorized repurchase of up to $150M of common stock; prior $150M program completed Feb 4, 2026.
- Prior program repurchased 3,217,481 shares at average cost of $46.62.
- Repurchases may occur on open market or in private transactions, possibly via Rule 10b5-1 plan.
- Outstanding shares as of release date: approximately 67,056,307.
- Program may be suspended, terminated, or modified at any time based on market conditions and other factors.