other
confidence high
sentiment positive
materiality 0.60
BayCom Corp authorizes new share repurchase program of up to 619,000 shares (5% of outstanding)
BayCom Corp
- Board approved seventh stock buyback program for up to 619,000 shares, ~5% of outstanding, over one year.
- New program commences after sixth program expires on Oct 24, 2023 or earlier if fully utilized.
- 17,633 shares remain under sixth program; repurchases expected to begin promptly afterwards.
- Repurchases may occur via open market, private deals, or Rule 10b5-1 trading plans.