Westamerica Bancorporation Announces Stock Repurchase Plan
SAN RAFAEL, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporations Board of Directors approved a plan to repurchase, as conditions warrant, up to 1,750,000 shares of the Companys common stock on the open market or in privately negotiated transactions prior to September 1, 2022.
- SAN RAFAEL, Calif., July 22, 2021 (GLOBE NEWSWIRE) -- Westamerica Bancorporations Board of Directors approved a plan to repurchase, as conditions warrant, up to 1,750,000 shares of the Companys common stock on the open market or in privately negotiated transactions prior to September 1, 2022.
- The repurchase plan represents approximately 6.5 percent of the Companys common stock outstanding as of June 30, 2021.
- Chairman, President and CEO David Payne stated, This share repurchase program recognizes Westamericas consistent profitability, healthy capital level, and solid asset quality.
- Westamerica Bancorporation, through its wholly owned subsidiary, Westamerica Bank, operates banking and trust offices throughout Northern and Central California.