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0.00260869565217386 0.00260869565217386 0.00260869565217386 0.00260869565217386 -0.0356521739130435 -0.0356521739130435 0.00260869565217401 0.00260869565217401
Stock impact report

RICHMOND MUTUAL BANCORPORATION, INC. ANNOUNCES EXTENSION OF STOCK REPURCHASE PROGRAM [Yahoo! Finance]

Richmond Mutual Bancorporation, Inc. (RMBI) 
Company Research Source: Yahoo! Finance
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 the banking sector, the Company's financial condition and operations remain solid given our strong liquidity and capital position, our comm Show less Read more
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