secwatch.observer — SEC 8-K summary
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Issuer:     ALERUS FINANCIAL CORP (ALRS)
CIK:        0000903419
Form:       8-K
Filed at:   2023-12-14T23:59:59+00:00
Accession:  0001558370-23-019768
Event type: dividend
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alerus Financial declares $0.19 dividend (+5.56% YoY) and new share repurchase program
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- Declared $0.19/share cash dividend, 5.56% increase over prior year; payable Jan 12, 2024 to holders of record Dec 27, 2023.
- Board approved new stock repurchase program for up to 1,000,000 shares, effective Feb 18, 2024 through Feb 18, 2027, replacing prior program.
- New program allows open-market or 10b5-1 purchases; no obligation to repurchase; timing depends on market conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/903419/000155837023019768/0001558370-23-019768-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/903419/000155837023019768/alrs-20231212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-019768

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