Hanmi Financial (HAFC) Announces 1.5M Share Buyback

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Go back to Hanmi Financial (HAFC) Announces 1.5M Share Buyback

Hanmi Financial Declares Cash Dividend of $0.25 per share and Announces New Share Repurchase Authorization

April 25, 2024 8:30 AM EDT

LOS ANGELES, April 25, 2024 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or Hanmi), the parent company of Hanmi Bank (the Bank), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 second quarter of $0.25 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024.

In addition, the Board of Directors today approved a new stock repurchase program. Under the new repurchase program, the Company may repurchase up to 5% of its outstanding shares, or approximately 1.5... More