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Stock impact report

Investar Holding Corporation Announces Additional Authorization under Share Repurchase Program

Investar Holding Corporation (ISTR) 
Last investar holding corporation earnings: 4/23 07:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
BATON ROUGE, La., May 19, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (the “Company”) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the “Bank”), announced that the Board of Directors has authorized the repurchase of an additional 200,000 shares of the Company’s common stock under the Company’s stock repurchase program, in addition to the 315,240 shares currently available for repurchase under the program. The 200,000 additional shares are authorized for repurchase through July 31, 2021, and represent approximately 2% of the Company’s outstanding common stock. The Company plans to repurchase its shares in open market transactions from time to time or through privately negotiated transactions in accordance with federal securities laws, at the Company’s discretion. The repurchase program, which has no expiration date, may be suspended or terminated at any time. The timing and amount of any share repurchases will depend on a variety of factor Show less Read more
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