OP Bancorp Announces Additional Stock Repurchase Program
OP Bancorp (OPBK)
NASDAQ:AMEX Investor Relations:
snl.com/irweblinkx/tearsheet.aspx?iid=4694652
Company Research
Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors approved a new stock repurchase program that authorizes the Company to repurchase up to 475,000 shares of its common stock.“This stock purchase program will reinforce the Company’s confidence in the stock to the Market,” said Min Kim, President and Chief Executive Officer of OP Bancorp and Open Bank.The Company completed its first stock repurchase program that was announced in January of 2019 on August 23, 2019, with total purchases of 395,000 shares at an average price of $9.10 per share.Shares may be purchased in open market transactions, through block trades, in privately negotiated transactions, or by other trading plans as determined by OP Bancorp’s management and in accordance with the Rule 10b5-1 of the Securities and Exchange Commission.The repurchase program may be suspended, terminated, or modified at any time
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OPBK
News
- OP Bancorp Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- OP Bancorp Reports Net Income for 2024 First Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34Business Wire
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareBusiness Wire
- Are Investors Undervaluing OP Bancorp (OPBK) Right Now? [Yahoo! Finance]Yahoo! Finance
- Should Value Investors Buy OP Bancorp (OPBK) Stock? [Yahoo! Finance]Yahoo! Finance
OPBK
Earnings
- 4/25/24 - Beat
OPBK
Sec Filings
- 4/25/24 - Form 8-K
- 4/3/24 - Form 4
- 3/29/24 - Form 10-K
- OPBK's page on the SEC website