trending Market Intelligence /marketintelligence/en/news-insights/trending/6_-96io5D1ZJSliTg7BX5g2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

West Town board authorizes share repurchase program

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Blog

Banking Essentials Newsletter: April Edition - Part 2

Blog

The Evolution of Cloud Banking: Successful Implementation & Frameworks

Blog

Banking Essentials Newsletter - April Edition


West Town board authorizes share repurchase program

Raleigh, N.C.-based West Town Bancorp Inc.'s board authorized a new stock repurchase program for the repurchase of up to 9.9% of issued and outstanding common shares, or approximately 307,079 shares based on 3,101,810 company shares currently outstanding.

The timing, manner, price and amount of any repurchase will be determined by the company at its discretion and will be subject to economic and market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities and liquidity, among other factors.