South Plains Financial, Inc. Buyback
OLI recorded this information on 2/26/2024
Company: |
South Plains Financial, Inc. |
Buyback: |
SPFI buyback |
$Amount Authorized: |
$10,000,000 |
Buyback Details: |
South Plains Financial, Inc. (NASDAQ:SPFI) ("South Plains" or the "Company"), today announced that the board of directors of the Company (the "Board") approved a stock repurchase program for up to $10.0 million of the outstanding shares of the Company's common stock (the "Stock Repurchase Program"). The Stock Repurchase Program will conclude on February 21, 2025, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the $10.0 million designated for the Stock Repurchase Program are depleted. |
South Plains Financial is a bank holding company. Through its subsidiary, City Bank (City Bank or the Bank), Co. provides a range of commercial and consumer financial services. Co.'s business activities include commercial and retail banking, along with insurance, investment, trust and mortgage services. Co.'s segments are: community banking, which includes City Bank, and insurance, which includes its subsidiary, Windmark Insurance Agency, Inc. The Bank is involved in real estate, commercial, agricultural and consumer lending activities with customers. Co. provides deposit products including demand deposits accounts, interest-bearing products, savings accounts and certificate of deposits.
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Company Name: |
South Plains Financial Inc |
Stock buyback: |
SPFI buyback |
Website: |
www.spfi.bank |
Sector: |
Banking & Savings |
Number of ETFs Holding SPFI: |
21 |
Total Market Value Held by ETFs: |
$30.29M |
Total Market Capitalization: |
$442.00M |
% of Market Cap. Held by ETFs: |
6.85% |
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