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Prosperity Bancshares Reveals Stock Repurchase Program; May Repurchase Up To ~4.87M Shares, Of Its Outstanding Common Stock Over A One-Year Period

Benzinga Newsdesk 9 months ago

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rosperity Bancshares, Inc.® (the "Company") (NYSE:PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may

rosperity Bancshares, Inc.® (the "Company") (NYSE:PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.87 million shares, of its outstanding common stock over a one-year period expiring on January 26, 2027, at the discretion of management.

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