other material
confidence high
sentiment positive
materiality 0.60
Sierra Bancorp authorizes 1M share buyback and declares $0.24 quarterly dividend
SIERRA BANCORP
- New share repurchase program authorizes up to 1,000,000 shares from Nov 1, 2024 to Oct 31, 2025.
- Quarterly cash dividend of $0.24 per share payable Nov 12, 2024 to shareholders of record Oct 31, 2024.
- Repurchases may be made in open-market or private transactions; management authorized to enter 10b5-1 plan.
- This marks the 103rd consecutive quarterly cash dividend since 1987.