John Marshall Bancorp Extends Share Repurchase Authorization Through August 2027
John Marshall Bancorp (JMSB) has extended its stock repurchase program through August 31, 2027. The company is authorized to buy back up to 700,000 shares under the revised plan. As of now, it has already repurchased 242,150 shares at a total cost of $4.5 million. The extension signals continued confidence in its stock and financial position. Following the announcement, JMSB's share price rose by 1.52% to close at $23.31 on Wednesday.
Tickers: $JMSB
Topics: capital return stock repurchase