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Wilshire Bancorp, Inc. Buyback

OLI recorded this information on 3/27/2013

Company: Wilshire Bancorp, Inc.
Buyback: WIBC buyback
Share Amount Authorized: 3,600,000
Buyback Details: Wilshire Bancorp, Inc., the parent company of Wilshire State Bank, announced that its Board of Directors has authorized the repurchase of up to 5% of its outstanding common stock or approximately 3.6 million shares. This program will be in effect for 12 months or expire upon completion of the current authorization.

Wilshire Bancorp is a bank holding company. Through its main subsidiary, Wilshire Bank (the Bank), Co. provides a range of financial products and services. Co.'s primary market comprises the populations of Southern California, Texas, Alabama, Georgia, New Jersey, and the New York metropolitan area. The Bank is engaged in providing financing for business working capital, commercial real estate, and trade activities, and its investment portfolio. In addition, Co.'s Trade Finance Department primarily deals in letters of credits issued to consumers whose businesses involve the international sale of goods. As of Dec 31 2015, Co. had total assets of $4.71 billion and deposits of $3.84 billion.
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Company Name:  Wilshire Bancorp Inc
Stock buyback:  WIBC buyback
Website:  www.wilshirebank.com
Sector:  Banking & Savings
 

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April 24, 2024    2:41 PM Eastern
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