The Online Investor
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
RRBI Buyback image

Red River Bancshares, Inc. Buyback

OLI recorded this information on 12/14/2023

Company: Red River Bancshares, Inc.
Buyback: RRBI buyback
$Amount Authorized: $5,000,000
Buyback Details: Red River Bancshares, Inc. (Nasdaq: RRBI) (the "Company") announced today that its board of directors approved the renewal of its stock repurchase program. The current program was scheduled to expire on December 31, 2023 or the purchase of the full $5.0 million authorized thereunder, which occurred on December 8, 2023. The renewed repurchase program authorizes the Company to purchase up to $5.0 million of its outstanding shares of common stock from January 1, 2024 through December 31, 2024. Blake Chatelain, the Company's President and Chief Executive Officer, said, "We are pleased to renew our stock repurchase program for 2024, which shows our continued commitment to creating long-term value for our shareholders." Repurchases may be made from time to time in the open market at prevailing prices and based on market conditions, or in privately negotiated transactions.

Red River Bancshares is a bank holding company. Through its subsidiary, Red River Bank, Co. provides a suite of banking products and services for its commercial and retail customers. Co.'s lending activities include commercial real estate loans, one-to-four family residential loans, construction and development loans, commercial and industrial loans, small business administration paycheck protection program loans, tax-exempt loans, and consumer loans. Co. provides a range of deposit products including checking, savings, money market accounts, and time deposits. Co. also provides online banking services, including access to account balances, online transfers, and online bill payment.

RRBI SEC Filing Email Alerts Service

Open the RRBI Page at The Online Investor »

Company Name:  Red River Bancshares Inc
Stock buyback:  RRBI buyback
Website:  www.redriverbank.net
Sector:  Banking & Savings
Number of ETFs Holding RRBI:  17
Total Market Value Held by ETFs:  $18.99M
Total Market Capitalization:  $335.00M
% of Market Cap. Held by ETFs:  5.67%
 

Open the RRBI Page at The Online Investor (in a new window) »

April 16, 2024    3:00 AM Eastern
Quotes delayed 20 minutes

Email EnvelopeFree RRBI Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Strong Buy (4.00 out of 4)
81st percentile
(ranked higher than approx. 81% of all stocks covered)

Analysts' Target Price:
RRBI Stock Forecast

Based on Zacks ABR data;
powered by Xignite

RRBI Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.