BuybackJun 22, 2026, 05:16 PM
Metropolitan Bank Approves New $50.0M Share Repurchase Program
AI Summary
Metropolitan Bank Holding Corp.'s board of directors approved a new share repurchase program on June 19, 2026. This program authorizes the company to repurchase up to $50.0 million of its outstanding common stock. The new program replaces a previously authorized program from July 2025 and will be funded with available cash, with no expiration date.
Key Highlights
- Metropolitan Bank Holding Corp. approved a new share repurchase program.
- The program authorizes repurchases of up to $50.0 million of common stock.
- Repurchases may occur on the open market or via Rule 10b5-1 plan.
- This new program replaces and supersedes the program authorized on July 17, 2025.
- The company intends to fund the program with available cash.
- The Share Repurchase Program has no expiration date.
Price Impact
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