StockWatch
·
Banks
BuybackJul 2, 2026, 04:26 PM

Third Coast Bancshares Continues $30M Share Buyback Program

AI Summary

Third Coast Bancshares, Inc. announced that its Board of Directors approved the continuation of its share repurchase program. Under this program, the company is authorized to repurchase up to $30 million of its common stock. The program is set to expire on June 30, 2027, and management has informed the Federal Reserve Bank of Dallas.

Key Highlights

  • Board of Directors approved continuation of share repurchase program.
  • Company may repurchase up to $30 million of common stock.
  • Repurchase program expires on June 30, 2027.
  • Management notified the Federal Reserve Bank of Dallas.
  • Repurchases can be made via open market or privately negotiated deals.