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Stock impact report

County Bancorp Announces Share Repurchase Program

County Bancorp, Inc. (ICBK) 
Last county bancorp, inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032854
Company Research Source: GlobeNewswire
MANITOWOC, Wis., Jan. 29, 2020 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced today that its Board of Directors has authorized the repurchase of up to 673,000 shares of its common stock through January 2023. Shares of common stock may be purchased under the program periodically in privately negotiated transactions or in open market transactions at prevailing market prices, and pursuant to a trading plan in accordance with applicable securities laws. “We are pleased to announce our share repurchase program, as it highlights our focus on building a well-balanced capital allocation program,” said Tim Schneider, President of County Bancorp, Inc. “The improvements we made to our balance sheet and portfolio in 2019 have enabled County Bancorp to initiate the repurchase program, and we plan to act strategically and opportunistically with our share repurchases. As we move forward, we will look to balance free cash flow ac Show less Read more
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