Bank OZK authorizes $300M stock repurchase program

Bank OZK approved a new stock repurchase program pursuant to which the Bank may repurchase up to $300M of its outstanding common stock. The Bank’s previous stock repurchase program expired on November 4. The Repurchase Program will expire on the earlier to occur of the Bank repurchasing shares of its common stock at an aggregate cost of $300M or November 9, 2023.