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Stock impact report

First US Bancshares, Inc. Announces Expansion of Share Repurchase Program

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
Company Research Source: GlobeNewswire
BIRMINGHAM, AL, April 28, 2021 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), a Delaware corporation based in Birmingham, Alabama, announced today that its Board of Directors has expanded the Company’s existing share repurchase program. The Company has repurchased 587,824 shares of its common stock to date and 54,961 shares remain available for repurchase, and the Board of Directors authorized the Company to repurchase an additional 1,000,000 shares under the repurchase program. The Board of Directors also extended the expiration of the repurchase program from December 31, 2021 to December 31, 2022. The share repurchase program was originally approved by the Company’s Board of Directors on January 19, 2006. The Company most recently repurchased shares pursuant to the program during the first quarter of 2020. Share repurchases under the repurchase program may be made through open market transactions, through privately negotiated transactions or otherwi Show less Read more
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