The dividend is set for distribution on August 21 to shareholders of record as of the close of business on August 7. Alongside the payout announcement, the firm provided an update on its capital management strategy, confirming the repurchase of 1,985,308 shares of common stock between April 1 and July 23. These shares were acquired at an average price of $7.78 each.
Following these transactions, the total number of common shares outstanding for the company stands at 125,708,883. The financial results for the quarter ended June 30 will offer further insight into the bank's performance and capital position when they are disclosed tomorrow.
Comments (0)
No comments yet. Be the first!