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Veritex Holdings board increases, extends stock repurchase program

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Veritex Holdings board increases, extends stock repurchase program

Veritex Holdings Inc.'s board increased the amount of the previously announced stock buyback program to $100.0 million and extended the expiration date to Aug. 31, 2020.

The program originally authorized the Dallas-based company to purchase up to $50.0 million of its outstanding common stock until Dec. 31.

As of Aug. 31, the company had repurchased $50.0 million, or 1,993,629 common shares, through the program.