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Stock impact report

Provident Financial Holdings Announces New Stock Repurchase Plan

Provident Financial Holdings, Inc. (PROV) 
Last provident financial holdings, inc. earnings: 4/28 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: providentfinancial.com/investors
Company Research Source: GlobeNewswire
RIVERSIDE, Calif., June 19, 2017 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), (NASDAQ:PROV), the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors authorized the repurchase of up to five percent (5%) of the Company’s common stock, or approximately 385,200 shares.  The Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase program, among other considerations.  The new plan was approved as a result of the completion of the May 2016 stock repurchase plan earlier this month which had authorized the repurchase of 397,000 shares (all of which have now been purchased). Safe-Harbor Statement Certain matters in this News Release may constitute forward-looking statements within the meaning of the Show less Read more
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