BuybackMay 22, 2026, 08:37 AM
Parke Bancorp Announces Stock Repurchase Program for up to 5% of Stock
AI Summary
Parke Bancorp, Inc. announced that its Board of Directors has approved a new stock repurchase program. The program authorizes the repurchase of up to 5% of the company's common stock over the next twelve months. Purchases will be conducted in the open market, subject to market conditions and regulatory requirements.
Key Highlights
- Board of Directors approved a stock repurchase program.
- Program authorizes repurchases of up to 5% of the company's common stock.
- Repurchases are to occur over the next twelve months.
- Open market purchases will be conducted in accordance with SEC regulations.
- Timing and actual number of shares repurchased depend on various factors.
Price Impact
More from PKBK