other material
confidence high
sentiment positive
materiality 0.55
BayCom Corp declares $0.10 quarterly dividend and authorizes new 560,000-share buyback program
BayCom Corp
- Quarterly cash dividend of $0.10 per share payable July 11, 2024 to shareholders of record June 13, 2024.
- Board authorized repurchase of up to 560,000 shares (~5% of outstanding) over one year, commencing after current program ends.
- Current repurchase program has 12,627 shares remaining; new program allows open market, private transactions, and 10b5-1 plans.
- Buyback program does not obligate BayCom to repurchase any specific number of shares and may be modified or discontinued.