---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016566"
form_type: "8-K"
ticker: "BSRR"
cik: "0001130144"
company_name: "SIERRA BANCORP"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:06:38.298032+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sierra Bancorp authorizes up to 1M share buyback and declares $0.23 quarterly dividend

## Summary
- New share repurchase program for up to 1,000,000 shares from Nov 1, 2023 to Oct 31, 2024.
- Quarterly cash dividend of $0.23 per share, payable Nov 14, 2023 to shareholders of record Oct 31, 2023.
- Current buyback program expires Oct 31, 2023; new program includes any carryover shares.
- Company has paid dividends every year since 1987, now 99th consecutive quarterly cash dividend.

## SEC filing metadata
- accession: 0001558370-23-016566
- form_type: 8-K
- ticker: BSRR
- cik: 0001130144
- company_name: SIERRA BANCORP
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1130144/000155837023016566/0001558370-23-016566-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1130144/000155837023016566/bsrr-20231019x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016566
- JSON: https://secwatch.observer/filing/0001558370-23-016566.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016566.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.