BuybackApr 24, 2026, 08:07 AM
MainStreet Bancshares announces new $10.0M stock buyback program
AI Summary
MainStreet Bancshares, Inc. announced a new stock repurchase program, authorizing the company to buy back up to $10.0 million of its outstanding common stock. This new program will replace and supersede the existing stock repurchase program that was announced in October 2025. The timing, number, and purchase price of shares will be determined by management at its discretion, based on market conditions and other factors.
Key Highlights
- Board approved a new stock repurchase program.
- Authorizes repurchases of up to $10.0 million in common stock.
- This new program replaces the existing one from October 21, 2025.
- Repurchases will be made at management's discretion.