CVB Financial (CVBF) announced that, at its regular meeting on November 20, 2024, the Board of Directors of CVB Financial Corp., the holding company for Citizens Business Bank, authorized the company to repurchase up to 10,000,000 shares of the company’s common stock, including by means of one or more Rule 10b5-1 plans or other appropriate buy-back arrangements, including open market purchases and private transactions. “The approval of this share repurchase program reflects our robust capital position, consistent track record of producing quality earnings, and history of delivering long term value to our shareholders,” said David A. Brager, President and Chief Executive Officer.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CVBF:
- CVB Financial price target lowered to $23 from $25 at Piper Sandler
- CVB Financial management to meet with Stephens
- CVB Financial Announces Resignation of Chief Accounting Officer
- CVB Financial to Present Q4 2024 Investor Update
- CVB Financial reports Q3 EPS 37c, consensus 34c
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
