BayCom (BCML) Announces 619K Share Buyback

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Go back to BayCom (BCML) Announces 619K Share Buyback

BayCom Corp Announces Adoption of Stock Repurchase Program

April 21, 2023 4:30 PM EDT

WALNUT CREEK, Calif.--(BUSINESS WIRE)-- BayCom Corp (NASDAQ: BCML) (BayCom or the Company), the parent company of United Business Bank, today announced that its Board of Directors (the Board) approved its seventh stock repurchase program for the repurchase of up to 619,000 shares of its common stock, or approximately 5% of its outstanding shares, over a one year period through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934. The new stock repurchase program will commence upon completion of the sixth stock repurchase program which will expire on October 24, 2023, or earlier if the... More