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Bridgewater Bancshares Extends Repurchase Program, Declares Dividend

Bridgewater Bancshares Extends Repurchase Program, Declares Dividend

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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.

Find detailed analytics on BWB stock on TipRanks’ Stock Analysis page.

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