Banner Corporation Announces Stock Repurchase Program Of Up To 1,722,787 Shares
Portfolio Pulse from Benzinga Newsdesk
Banner Corporation has announced a stock repurchase program for up to 1,722,787 shares.
July 25, 2024 | 8:01 pm
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POSITIVE IMPACT
Banner Corporation has announced a stock repurchase program for up to 1,722,787 shares, which is likely to positively impact the stock price in the short term.
Stock repurchase programs typically reduce the number of outstanding shares, which can increase earnings per share and often lead to a short-term increase in stock price. This announcement is likely to be viewed positively by investors.
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