other material
confidence high
sentiment positive
materiality 0.35
John Marshall Bancorp extends stock repurchase program through Aug 2024
John Marshall Bancorp, Inc.
- Board extended repurchase program from Aug 31, 2023 expiration to Aug 31, 2024.
- Program authorizes repurchase of up to 700,000 shares (~5% of ~14.13M shares outstanding as of June 30, 2023).
- Repurchases may be made in open market or privately negotiated under SEC Rule 10b-18 and 10b5-1 plans.
- Program does not obligate the company to repurchase any shares; can be modified or terminated at any time.