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Stock impact report

Investar Holding Corporation Declares Quarterly Cash Dividend and 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., March 17, 2021 (GLOBE NEWSWIRE) -- Investar Holding Corporation (the “Company”) (Nasdaq:ISTR), the holding company of Investar Bank, National Association (the “Bank”), declared a quarterly cash dividend of $0.07 per share to holders of Investar Holding Corporation common stock. The dividend is payable on April 30, 2021 to shareholders of record as of March 29, 2021. This represents an 8% increase in the dividend per share compared to the prior quarter and is the 30th quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank. Share Repurchase Program The Company also announced that the Board of Directors has approved another 300,000 shares of the Company’s common stock for repurchase under a stock repurchase program, in addition to 51,435 shares remaining under the current repurchase program. The additional shares authorized for repurchase represent approximately 3% of the Company’s ou Show less Read more
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