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Stock impact report

First US Bancshares, Inc. Announces Expansion of Share Repurchase Program

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
Company Research Source: PR Newswire
BIRMINGHAM, Ala., Nov. 20, 2024 /PRNewswire/ -- First US Bancshares, Inc. (Nasdaq: FUSB) (the "Company"), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has expanded the Company's existing share repurchase program.  The Company has repurchased 1,289,972 shares of its common stock to date under the repurchase program, and 352,813 shares remain available for repurchase.  The Board of Directors has authorized the Company to repurchase an additional 600,000 shares under the repurchase program and extended the expiration of the repurchase program from December 31, 2024, to December 31, 2025.  The share repurchase program was originally approved by the Company's Board of Directors on January 19, 2006. Share repurchases under the repurchase program may be made through open market transactions, through privately negotiated transactions or otherwise at times and in such amounts as management deems appropriate, subject to applicable regulatory r Show less Read more
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