trending Market Intelligence /marketintelligence/en/news-insights/trending/PH-VW4F2BBr6BJWmN4VQmg2 content esgSubNav
In This List

OCC, shareholders approve Bank of Napa's buyback program

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

Commercial Banking: June 22nd Edition

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy

Blog

Commercial Banking Newsletter June Edition - 2022


OCC, shareholders approve Bank of Napa's buyback program

The OCC andshareholders of Napa, Calif.-based Bank of Napa NA approved the implementation of a stockrepurchase program, under which the company may buy back up to approximately$2.8 million of its common stock, or approximately 10% of the currentoutstanding shares.

The buybackprogram allows shares to be repurchased in open market or private transactionsuntil the earlier of June 8, 2017, or the company's repurchase of $2.8 million ofits common stock, according to a June 9 press release.