East West Bancorp Announces Stock Repurchase Program
East West Bancorp, Inc. (EWBC)
Last east west bancorp, inc. earnings: 4/23 08:00 am
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US:NASDAQ Investor Relations:
eastwestbank.com
Company Research
Source: Business Wire
PASADENA, Calif.--(BUSINESS WIRE)--East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq: EWBC), parent company of East West Bank, the financial bridge between the United States and Greater China, today announced that its Board of Directors (the “Board”) authorized the repurchase of up to $500 million of East West’s common stock, par value $0.001 per share (the “Repurchase Program”). This $500 million repurchase authorization is inclusive of the Company’s $100 million stock repurchase authorization currently outstanding.The Repurchase Program is intended to comply with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended (“Rule 10b-18”). Purchases under the Repurchase Program will be made in open market transactions at prevailing market prices, in privately negotiated transactions, or by other means in compliance with Rule 10b-18. However, the Company has no obligation to repurchase shares and the timing, actual number, and value of shares to be r
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- East West Bancorp, Inc. (NASDAQ: EWBC) had its price target lowered by analysts at Truist Financial Co. from $90.00 to $86.00. They now have a "buy" rating on the stock.MarketBeat
- East West Bancorp First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- East West Bancorp (EWBC) Q1 Earnings Beat, Stock Gains 2.9% [Yahoo! Finance]Yahoo! Finance
EWBC
Earnings
- 4/23/24 - Beat
EWBC
Sec Filings
- 5/9/24 - Form 10-Q
- 5/7/24 - Form 4
- 5/6/24 - Form 144
- EWBC's page on the SEC website