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Bank OZK Announces $200M Stock Repurchase Program

Author: Benzinga Newsdesk | July 17, 2024 04:03pm

The Bank's Board recently approved a stock repurchase program authorizing the purchase of up to $200 million of outstanding common stock through expiration of the program on July 1, 2025. In evaluating stock repurchases, management will consider a variety of factors including the Bank's stock price, expected growth, capital position, alternative uses of capital, liquidity, financial performance, current and expected macroeconomic environment, regulatory requirements and other factors.

Posted In: OZK


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