Business First Bancshares Approves New $30 Million Stock Repurchase Program

Business First Bancshares (BFST) has announced that its board of directors approved a new share repurchase authorization. The program allows the company to buy back up to $30 million of its common stock over a 24-month period, ending October 28, 2028. This new authorization replaces an existing $30 million buyback program that still had approximately $12.4 million in remaining capacity. The move signals management's confidence in the company's capital position and its commitment to returning value to shareholders through active equity management.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Business First Bancshares Approves New $30 Million Stock Repurchase Program

Tickers: $BFST

Topics: capital allocation shareholder value stock repurchase

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