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Stock impact report

Byline Bancorp Announces Approval of New Stock Repurchase Program

Byline Bancorp, Inc. (BY) 
Last byline bancorp, inc. earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: bylinebancorp.com
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY), announced today that its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase up to 1.25 million shares of the Company’s outstanding common stock. The shares authorized to be repurchased represent approximately 2.8% of the Company’s currently outstanding common stock. The new program will be effective January 1, 2025 and be in effect until December 31, 2025.Roberto R. Herencia, Executive Chairman and Chief Executive Officer of Byline Bancorp, Inc., stated, "The new stock repurchase program underscores our disciplined approach to capital management and reaffirms our commitment to creating lasting value for our stockholders."Under the new program, shares may, at the discretion of management, be repurchased from time to time in open market purchases as market conditions warrant or in privately negotiated transactions, including pursuant to a Rule Show less Read more
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