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Hanmi Financial Corporation Buyback

OLI recorded this information on 8/30/2018

Company: Hanmi Financial Corporation
Buyback: HAFC buyback
Share Amount Authorized: 1,600,000
Buyback Details: Hanmi Financial Corporation (the "Company") (NASDAQ: HAFC), the holding company for Hanmi Bank (the "Bank"), announced today that its Board of Directors has adopted its first stock repurchase program. Under the repurchase program, the Company may repurchase up to 5% of its outstanding shares or approximately 1.6 million shares of its common stock.

Hanmi Financial is a bank holding company. Through its subsidiary, Hanmi Bank (the Bank), Co. is a community bank conducting general business banking. Lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term, commercial lines of credit and international), equipment lease financing, and small business administration loans. The Bank provides a range of deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts and certificates of deposit.

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Company Name:  Hanmi Financial Corp.
Stock buyback:  HAFC buyback
Website:  www.hanmi.com
Sector:  Banking & Savings
Number of ETFs Holding HAFC:  44
Total Market Value Held by ETFs:  $93.68M
Total Market Capitalization:  $438.00M
% of Market Cap. Held by ETFs:  21.39%
 

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April 19, 2024    3:48 AM Eastern
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Hold (2.00 out of 4)
100th percentile
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