other material
confidence high
sentiment neutral
materiality 0.40
FVCBankcorp extends share repurchase program up to 1.3M shares (~7% of outstanding) through March 2025
FVCBankcorp, Inc.
- Board extended the existing repurchase program, authorizing up to 1,300,000 shares (≈7% of shares outstanding at Dec. 31, 2023).
- Program expires March 31, 2025, subject to earlier termination by the Board.
- In 2023, the Company repurchased 115,750 shares under the program.
- Repurchases are discretionary and depend on market conditions, pricing, and other factors; no obligation to repurchase.