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Stock impact report

TriCo Bancshares Declares Quarterly Dividend and Announces 2021 Share Repurchase Program

TriCo Bancshares (TCBK) 
Last trico bancshares earnings: 4/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: tcbk.com/investor-relations
Company Research Source: Business Wire
CHICO, Calif.--(BUSINESS WIRE)--The Board of Directors of TriCo Bancshares (NASDAQ: TCBK) (the “Company”), parent company of Tri Counties Bank, declared a quarterly cash dividend of $0.25 (twenty-five cents) per share on its common stock, on February 25, 2021. This represents an increase of 13.6% or $0.03 (three cents) per share as compared to the $0.22 per share dividend paid in December 2020. The current dividend is payable on March 26, 2021 to holders of record on March 12, 2021.In addition, the Board approved the authorization to repurchase up to 2,000,000 shares of the Company’s common stock, no par value per share which approximates 6.7% of the currently outstanding common shares. The Company’s 2021 Share Repurchase Program will replace the current 2019 Share Repurchase Program which has been terminated.Peter Wiese, EVP and Chief Financial Officer, commented: “The Company has a 28 year long history of rewarding shareholders with cash dividends and we are pleased to announce Show less Read more
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