Picture of Banner logo

BANR — Banner News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedMid CapSuper Stock

US bank Banner climbs after unveiling buyback plan

BUZZ-US bank Banner climbs after unveiling buyback plan

** U.S. regional lender Banner Corp's BANR.O shares rise 3% to $72.2

** BANR late on Monday unveiled stock repurchase program of up to 1.7 million shares, roughly 5% of its issued and outstanding common stock

** Shares may be bought back by BANR in open market purchases

** New buyback plan comes a little sooner than expected, given Bank of the Pacific deal is pending - Piper Sandler

** As of last close, BANR shares up 12% YTD


(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

Recent news on Banner

See all news