secwatch.observer — SEC 8-K summary
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Issuer:     ALERUS FINANCIAL CORP (ALRS)
CIK:        0000903419
Form:       8-K
Filed at:   2026-08-27T20:02:24+00:00
Accession:  0001437749-26-029099
Event type: dividend
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alerus declares $0.22 quarterly dividend (+4.76% YoY) and authorizes new 1.25M share buyback
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- Cash dividend of $0.22/share declared Aug 26, 2026; payable Oct 9, 2026 to record Sept 25, 2026; up 4.76% YoY.
- New stock repurchase program authorizes up to 1,250,000 shares, expiring Aug 26, 2029; effective after prior program completes 1M shares or expires.
- Prior program had ~320,033 shares remaining as of Aug 26, 2026 and is scheduled to expire Feb 18, 2027.
- Repurchases may occur in open market under Rule 10b-18 or via 10b5-1 plans; no obligation to repurchase.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903419/000143774926029099/0001437749-26-029099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903419/000143774926029099/alrs20260825_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-029099

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer