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0 0 -0.00062073246430776 -0.00062073246430776 0.0117939168218499 0.0142768466790813 0.0161390440720051 0.016759776536313
Stock impact report

FVCBankcorp Announces Share Repurchase Program

FVCBankcorp, Inc. (FVCB) 
NASDAQ:AMEX Investor Relations: snl.com/irw/corporateprofile/4624250
Company Research Source: Business Wire
FAIRFAX, Va.--(BUSINESS WIRE)--FVCBankcorp, Inc. (Nasdaq – FVCB) (the “Company”) announced today that its Board of Directors had adopted a share repurchase program. Under the repurchase program, the Company may repurchase up to 1,112,165 shares of its common stock, or approximately 8% of its outstanding shares of common stock at December 31, 2019. The repurchase program will expire on December 31, 2020, subject to earlier termination of the program by the Board of Directors. As of December 31, 2019, the Company had approximately 13.9 million shares outstanding.Repurchases may be made in open market purchases, block trades or in privately negotiated transactions. Repurchases, if any, under the program will be made at the discretion of management, and will depend upon market pricing and conditions, business, legal, accounting and other considerations. Open market purchases will be conducted in accordance with the limitation of Rule 10b-18 of the Securities and Exchange Commission (t Show less Read more
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