Unity Bancorp Announces New Share Repurchase Program Of Up To 500K Shares, Or ~5% Of Its Outstanding Common Stock
Unity Bancorp Announces New Share Repurchase Program Of Up To 500K Shares, Or ~5% Of Its Outstanding Common Stock
Unity bancorp宣布新的股票回购计划，最高回购50万股，即其已发行普通股的约5%
Unity Bancorp, Inc. (NASDAQ:UNTY), parent company of Unity Bank, announced that its Board of Directors has approved a new Share Repurchase Program. Under this new program, the Company may repurchase up to 500,000 shares, or approximately 5.0% of its outstanding common stock. The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance.
Unity Bancorp, Inc.（纳斯达克：UNTY）是Unity Bank的母公司，宣布其董事会已批准了新的股份回购计划。根据这个新计划，该公司可回购多达500,000股，即其流通普通股的约5.0％。任何回购的时间和数量都将取决于许多因素，包括股票的可获得性、一般市场情况、股票的交易价格、资本的替代用途以及公司的财务表现。