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People's Utah Bancorp's board authorizes repurchase program

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People's Utah Bancorp's board authorizes repurchase program

The board of American Fork, Utah-based People's Utah Bancorp authorized the repurchase of up to 950,000 common shares.

The repurchase amount represents about 5% of the company's outstanding shares as of June 30.

Repurchases by People's Utah may be made from time to time through open market purchases, trading plans or by other means. The repurchase plan expires Sept. 30, 2020.