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Stock impact report

Heritage Financial Authorizes New Stock Repurchase Program

Heritage Financial Corporation (HFWA) 
Last heritage financial corporation earnings: 4/30 08:00 am Check Earnings Report
Company Research Source: PR Newswire
OLYMPIA, Wash., March 12, 2020 /PRNewswire/ -- Heritage Financial Corporation  ("Company") (Nasdaq: HFWA), announced that its Board of Directors has authorized the repurchase of up to 5% of the Company's outstanding shares or approximately 1.8 million shares. The number, timing and price of shares repurchased will depend on business and market conditions, and other factors, including opportunities to deploy the Company's capital. The repurchase program may be discontinued at any time.The new stock repurchase program follows the previous stock repurchase program approved in 2014, which allowed for the buyback of approximately 1.5 million shares. Under the previous program, 1,512,600 shares were repurchased.  As of December 31, 2020, the Company had consolidated total assets of $5.6 billion and shareholder's equity of $809.3 million with tangible common equity to tangible assets at 10.4%.About Heritage FinancialHeritage Financial Corporation is an Olympia-based bank holding company w Show less Read more
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