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0 0.0234541577825159 0.0469083155650319 0.0469083155650319 0.0469083155650319 0.0447761194029851 0.0447761194029851 0.0447761194029851
Stock impact report

Riverview Bancorp, Inc. Announces Stock Repurchase Program

Riverview Bancorp Inc (RVSB) 
Last riverview bancorp inc earnings: 1/23 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.riverviewbank.com
Company Research Source: GlobeNewswire
VANCOUVER, Wash., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on September 25, 2024, its Board of Directors adopted a stock repurchase program. Under this repurchase program, the Company may repurchase up to $2.0 million of the Company’s outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. Once the repurchase program is effective, the repurchase program will continue until the earlier of the completion of the repurchase or 12 months after the effective date, depending upon market conditions. “When the opportunity to repurchase common stock results in enhancing shareholder value, we believe capitalizing on this opportunity is a prudent way of deploying excess capital,” said Nicole Sherman, President and Chief Executive Officer. The Board of Director Show less Read more
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