OP Bancorp Announces Additional Stock Repurchase Program
OP Bancorp (OPBK)
NASDAQ:AMEX Investor Relations:
snl.com/irweblinkx/tearsheet.aspx?iid=4694652
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors approved a new stock repurchase program that authorizes the Company to repurchase up to 500,000 shares of its common stock.“This stock purchase program will reinforce the Company’s confidence in the stock to the Market,” said Min Kim, President and Chief Executive Officer of OP Bancorp and Open Bank.The Company completed its first stock repurchase program that was announced in January of 2019 on August 23, 2019 with total purchases of 395,000 shares at an average price of $9.10 per share. Subsequently on August 28, 2019, the Company announced another stock repurchase program that authorized the repurchase of up to 475,000 shares of its common stock. The Company completed the second stock repurchase program on February 25, 2020 with total purchases of 475,000 shares at an average price of $9.75 per share.Shares may be pu
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News
- OP Bancorp Reports Net Income for 2024 Third Quarter of $5.4 Million and Diluted Earnings Per Share of $0.36 [Yahoo! Finance]Yahoo! Finance
- OP Bancorp Reports Net Income for 2024 Third Quarter of $5.4 Million and Diluted Earnings Per Share of $0.36Business Wire
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareBusiness Wire
- OP Bancorp (NASDAQ: OPBK) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $13.00 price target on the stock.MarketBeat
- OP Bancorp Announces Leadership Succession PlansBusiness Wire
OPBK
Earnings
- 10/24/24 - Beat
OPBK
Analyst Actions
- 8/26/24 - Keefe, Bruyette & Woods
OPBK
Sec Filings
- 10/24/24 - Form 8-K
- 8/23/24 - Form 8-K
- 8/16/24 - Form 4
- OPBK's page on the SEC website