RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM
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Richmond Mutual Bancorporation, Inc. (RMBI)
Company Research
Source: PR Newswire
RICHMOND, Ind., May 16, 2024 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company"), the parent company of First Bank Richmond, today announced that its Board of Directors (the "Board") extended the Company's current stock repurchase program, scheduled to expire on June 6, 2024, for an additional year, now set to expire on June 6, 2025. As of May 15, 2024, 723,195 shares remained available for future purchase under the existing stock repurchase program. Since the stock repurchase program's inception through May 15, 2024, the Company has repurchased 782,840 shares at an aggregate cost of $8.8 million.Garry Kleer, the Company's Chairman, President and Chief Executive Officer, commented, "The Board's decision to extend our existing stock repurchase program underscores our collective confidence in the future of the Company, particularly considering what we perceive to be an undervaluation of our common stock. Despite the continued turbulence and uncertainty in
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News
- Richmond Mutual Bancorporation (NASDAQ:RMBI) Is Due To Pay A Dividend Of $0.14 [Yahoo! Finance]Yahoo! Finance
- RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM [Yahoo! Finance]Yahoo! Finance
- RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES QUARTERLY DIVIDENDPR Newswire
- Richmond Mutual Bancorporation First Quarter 2024 Earnings: EPS: US$0.23 (vs US$0.27 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES 2024 FIRST QUARTER FINANCIAL RESULTS [Yahoo! Finance]Yahoo! Finance
RMBI
Sec Filings
- 5/16/24 - Form 8-K
- 5/16/24 - Form 8-K
- 5/14/24 - Form 10-Q
- RMBI's page on the SEC website