secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001558370-23-016566
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000155837023016566/0001558370-23-016566-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000155837023016566/bsrr-20231019x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-016566

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