The latest announcement is out from Bridgewater Bancshares (BWB).
The Company has announced an extension of its 2022 Stock Repurchase Program, now set to expire in August 2025, with $15.3 million still available for stock buybacks. Share repurchases will be made following market conditions and legal requirements, with the possibility of using a Rule 10b5-1 trading plan for added flexibility. Additionally, a quarterly cash dividend has been declared for the Series A Preferred Stock, payable in September 2024 to shareholders on record by mid-August.
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