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Stock impact report

First Financial Bankshares Announces Renewal Of Stock Repurchase Plan

First Financial Bankshares, Inc. (FFIN) 
Last first financial bankshares, inc. earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: PR Newswire
ABILENE, Texas, July 27, 2021 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) announced today the renewal of its existing stock repurchase plan. Pursuant to the renewed plan, the Company may repurchase up to 5,000,000 shares of its common stock, which represents approximately 3.5 percent of the Company's outstanding shares as of July 27, 2021, through July 31, 2023. The Board of Directors previously authorized the repurchase of up to 4,000,000 shares of common stock through September 30, 2021.The stock buyback plan authorizes management to repurchase the stock at such time and price as repurchases are considered beneficial to the Company and stockholders. Any repurchase of stock will be made through the open market, block trades or in privately negotiated transactions in accordance with applicable laws and regulations. Under the repurchase plan, there is no minimum number of shares that the Company is required to repurchase."First Financial continues to have one of the Show less Read more
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