PCB Bancorp Enhances Shareholder Value with Dividend and Buyback
Company Announcements

PCB Bancorp Enhances Shareholder Value with Dividend and Buyback

PCB Bancorp (PCB) has provided an update.

The Company has recently announced a quarterly cash dividend of $0.18 per share, payable in August, and has extended its stock repurchase program for an additional year, allowing for the repurchase of up to 577,777 shares. These strategic financial decisions, including the flexibility to buy back shares through various means and the adoption of a Rule 10b5-1 trading plan to facilitate purchases even during restricted periods, reflect the Company’s commitment to shareholder value and prudent capital management.

Learn more about PCB stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyPCB Bancorp price target raised to $21 from $20 at Piper Sandler
TipRanks Auto-Generated NewsdeskPCB Bancorp Reports Strong Q3 2024 Growth
TheFlyPCB Bancorp reports Q3 EPS 52c, consensus 45c
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App