Cadence Bank’s Board of Directors authorized a new share repurchase program allowing the company to purchase up to an aggregate of 10M shares of Cadence’s common stock. Subject to the approval of the Federal Deposit Insurance Corporation, this new share repurchase program will be effective on January 3, 2023 and will expire on December 29, 2023. Cadence has repurchased 6.1M shares of Cadence common stock authorized under its current share repurchase program, which expires December 30, 2022.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CADE:
- Cadence Bank to participate in a conference call with Truist
- Cadence Bank initiated with an Equal Weight at Morgan Stanley
- LPL Financial welcomes BancorpSouth to Institution Services Platform
- Cadence Bank Declares Quarterly Common and Preferred Dividends
- Cadence Bank Announces Third Quarter 2022 Financial Results
