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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宣佈新的股票回購計劃,最高回購50萬股,即其已發行普通股的約5%
Benzinga ·  08/01 09:04

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.(納斯達克:UNTY)是Unity Bank的母公司,宣佈其董事會已批准了新的股份回購計劃。根據這個新計劃,該公司可回購多達500,000股,即其流通普通股的約5.0%。任何回購的時間和數量都將取決於許多因素,包括股票的可獲得性、一般市場情況、股票的交易價格、資本的替代用途以及公司的財務表現。

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