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Umpqua Holdings Corporation Buyback

OLI recorded this information on 7/21/2021

Company: Umpqua Holdings Corporation
Buyback: UMPQ buyback
$Amount Authorized: $400,000,000
Buyback Details: Umpqua Holdings Corporation (NASDAQ: UMPQ) (the "Company") today announced that its Board of Directors has approved a new share repurchase program (the "Program") which authorizes the Company to repurchase up to $400 million of common stock over the next twelve months. The Program replaces and supersedes the previously approved share repurchase program which was scheduled to expire on July 31, 2021.

Umpqua Holdings is a financial holding company that is engaged primarily in the business of commercial and retail banking. Through its banking subsidiary, Umpqua Bank (the Bank), Co. provides a range of banking, wealth management, mortgage and other financial services to corporate, institutional and individual customers. The Bank has a subsidiary, Financial Pacific Leasing Inc., a commercial equipment leasing company. Co. provides a range of financial products, delivered through conventional and digital channels. Co.'s customers can access its products through online banking, mobile banking applications, including Umpqua Go-To® app, and Umpquabank.com.
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Company Name:  Umpqua Holdings Corp
Stock buyback:  UMPQ buyback
Website:  www.umpquaholdingscorp.com
Sector:  Banking & Savings
 

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April 18, 2024    1:50 PM Eastern
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Hold (2.50 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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