-+ 0.00%
-+ 0.00%
-+ 0.00%

Cathay General adopts new USD 150 million share buyback program

PUBT·04/23/2026 20:57:47
Listen to the news
Cathay General adopts new USD 150 million share buyback program
  • Cathay General adopted a new share repurchase program authorizing up to USD 150 million of common stock buybacks.
  • Prior USD 150 million program, announced June 4, 2025, was completed Feb. 4, 2026.
  • Completion included repurchase of 3,217,481 shares at an average cost of USD 46.62.
  • Buybacks may be executed in open-market purchases or privately negotiated transactions.
  • Company had about 67,056,307 common shares outstanding as of release date.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cathay General Bancorp published the original content used to generate this news brief via Business Wire (Ref. ID: 202604231630BIZWIRE_USPR_____20260423_BW186400) on April 23, 2026, and is solely responsible for the information contained therein.