Stellar Bancorp Expands Buyback Program To Up To $60M
Portfolio Pulse from Benzinga Newsdesk
Stellar Bancorp has expanded its buyback program to up to $60 million, increasing the potential for repurchasing its own shares.
May 26, 2023 | 12:03 pm
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Stellar Bancorp's expanded buyback program of up to $60 million may lead to increased share repurchases.
Stellar Bancorp's decision to expand its buyback program to $60 million indicates the company's confidence in its own stock and its willingness to invest in it. This move may lead to increased demand for the stock, potentially driving up the share price in the short term.
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