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Pacific Enterprise Bancorp commences buyback plan
StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go
Street Talk – Episode 69: Banks left with pockets full of cash and few places to go
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The board of Irvine, Calif.-based Pacific Enterprise Bancorp authorized the repurchase of up to 50,000 of the company's common shares.
The common shares represent approximately 1.7% of the company's outstanding common shares.
Repurchases can be made from time to time in the open market or through privately negotiated transactions.