secwatch.observer — SEC 8-K summary
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Issuer:     SIERRA BANCORP (BSRR)
CIK:        0001130144
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0001558370-24-013389
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sierra Bancorp authorizes 1M share buyback and declares $0.24 quarterly dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1130144/000155837024013389/0001558370-24-013389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1130144/000155837024013389/bsrr-20241017x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013389

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