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Stock impact report

Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization

Hanmi Financial Corporation (HAFC) 
Last hanmi financial corporation earnings: 4/30 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: hanmi.com
Company Research Source: GlobeNewswire
LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 second quarter of $0.25 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024. In addition, the Board of Directors today approved a new stock repurchase program. Under the new repurchase program, the Company may repurchase up to 5% of its outstanding shares, or approximately 1.5 million shares of its common stock. “We believe Hanmi’s long-term growth prospects are attractive, and today’s new share repurchase authorization serves as evidence of the Company’s ongoing focus on its capital allocation priorities”, said Bonnie Lee, President and Chief Executive Officer of Hanmi. “We remain committed to maintaining strong capital levels as well as returning capital to sha Show less Read more
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