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Stock impact report

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

First US Bancshares, Inc. (FUSB) 
US:NASDAQ Investor Relations: firstusbank.com/investors
Company Research Source: GlobeNewswire
BIRMINGHAM, AL, Dec. 18, 2019 (GLOBE NEWSWIRE) -- First US Bancshares, Inc. (Nasdaq: FUSB) (the “Company”), the parent company of First US Bank, announced today that the Company’s Board of Directors has extended the Company’s existing share repurchase program.  The repurchase program, which was originally approved by the Company’s Board of Directors on January 19, 2006, has been extended to expire on the date on which the Company has repurchased all of the 93,565 shares that may still be repurchased under the repurchase program, or on December 31, 2020, whichever is earlier.  To date, the Company has repurchased approximately 549,220 shares of common stock under the repurchase program.  Share repurchases under the repurchase program may be made through open market and privately negotiated transactions at times and in such amounts as management deems appropriate, subject to applicable regulatory requirements.  The repurchase program does not obligate the Company to acquire any partic Show less Read more
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