California BanCorp Announces Additional 1.6M Common Stock Buyback Plan

California BanCorp (the "Company") (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank"), announces that its Board of Directors has authorized an additional 1.6 million shares of the Company’s common stock that may be repurchased pursuant to its share repurchase program. The program was originally approved by the Board in June 15, 2023 and was most recently amended on May 1, 2025. As of November 3, 2026, approximately 557,315 shares remained available under the existing authorization. Since the program’s inception, the Company has repurchased 1,042,685 shares of the Company’s common stock for an aggregate purchase price of $19.7 million.