OP Bancorp Announces New Stock Repurchase Program
(NASDAQ:OPBK) LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (Nasdaq; OPBK), the holding company of Open Bank (the “Bank”), announced that its Board of Directors approved a new stock repu...
Does the board's approval of this buyback signal confidence in the bank's cash flow and outlook, or could it be a defensive move amid sector pressures?
What is the expected timeline and price range for the buyback, and how does it compare to the company's free float and prior repurchase programs?
How will the $700,000 share repurchase impact OP Bancorp's earnings per share and valuation metrics?
3 days ago