Southside Bancshares (SBSI) Announces Stock Repurchase Plan
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Southside Bancshares, Inc. Announces Stock Repurchase Plan
March 1, 2022 5:00 PM ESTTYLER, Texas, March 01, 2022 (GLOBE NEWSWIRE) -- Southside Bancshares, Inc. (the Company) (NASDAQ: SBSI), the holding company of Southside Bank, announced that its Board of Directors has authorized a Stock Repurchase Plan, under which the Company may repurchase, from time to time, up to 1 million shares of its outstanding common stock.
We are pleased to announce the authorization of the Stock Repurchase Plan, which reflects our confidence in Southside and our commitment to enhance shareholder value, stated Lee R. Gibson, Chief Executive Officer of Southside Bancshares, Inc.
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