Texas Community Bancshares, Inc. Authorizes New Stock Repurchase Program
Texas Community Bancshares (NASDAQ: TCBS) has announced a new stock repurchase program authorized by its Board of Directors. The program allows the company to repurchase up to 153,083 shares, representing approximately 5% of its outstanding common stock as of February 25, 2025.
The company also reported successfully completing over 85% of its previous share repurchase program, which had authorized 161,316 shares. The new repurchases will be conducted through open market purchases, including via an SEC Rule 10b5-1 trading plan, or through privately negotiated transactions, subject to market conditions.
TCBS maintains the right to suspend or discontinue the program at any time, emphasizing its commitment to maintaining financial flexibility for core operations investments.
Texas Community Bancshares (NASDAQ: TCBS) ha annunciato un nuovo programma di riacquisto di azioni autorizzato dal suo Consiglio di Amministrazione. Il programma consente all'azienda di riacquistare fino a 153.083 azioni, che rappresentano circa il 5% delle sue azioni ordinarie in circolazione al 25 febbraio 2025.
L'azienda ha anche riportato di aver completato con successo oltre l'85% del suo precedente programma di riacquisto di azioni, che autorizzava 161.316 azioni. I nuovi riacquisti saranno effettuati tramite acquisti sul mercato aperto, anche attraverso un piano di trading SEC Rule 10b5-1, o tramite transazioni negoziate privatamente, soggette alle condizioni di mercato.
TCBS si riserva il diritto di sospendere o interrompere il programma in qualsiasi momento, sottolineando il proprio impegno a mantenere la flessibilità finanziaria per gli investimenti nelle operazioni core.
Texas Community Bancshares (NASDAQ: TCBS) ha anunciado un nuevo programa de recompra de acciones autorizado por su Junta Directiva. El programa permite a la empresa recomprar hasta 153,083 acciones, lo que representa aproximadamente el 5% de sus acciones ordinarias en circulación a partir del 25 de febrero de 2025.
La empresa también informó que ha completado con éxito más del 85% de su programa anterior de recompra de acciones, que había autorizado 161,316 acciones. Las nuevas recompras se llevarán a cabo a través de compras en el mercado abierto, incluyendo mediante un plan de negociación SEC Rule 10b5-1, o a través de transacciones negociadas privadamente, sujetas a las condiciones del mercado.
TCBS se reserva el derecho de suspender o interrumpir el programa en cualquier momento, enfatizando su compromiso de mantener la flexibilidad financiera para las inversiones en operaciones centrales.
텍사스 커뮤니티 뱅크셰어스 (NASDAQ: TCBS)는 이사회의 승인을 받은 새로운 주식 매입 프로그램을 발표했습니다. 이 프로그램은 회사가 153,083주까지 재매입할 수 있도록 허용하며, 이는 2025년 2월 25일 기준으로 발행된 보통주 약 5%에 해당합니다.
회사는 또한 이전 주식 매입 프로그램의 85% 이상을 성공적으로 완료했다고 보고했습니다. 이 프로그램은 161,316주를 승인했습니다. 새로운 매입은 시장 공개 매입을 통해 진행되며, SEC 규칙 10b5-1 거래 계획을 포함하거나, 시장 상황에 따라 비공식적으로 협상된 거래를 통해 이루어질 것입니다.
TCBS는 언제든지 프로그램을 중단하거나 종료할 권리를 보유하고 있으며, 핵심 운영 투자에 대한 재정적 유연성을 유지하려는 의지를 강조하고 있습니다.
Texas Community Bancshares (NASDAQ: TCBS) a annoncé un nouveau programme de rachat d'actions autorisé par son Conseil d'Administration. Ce programme permet à l'entreprise de racheter jusqu'à 153 083 actions, représentant environ 5 % de ses actions ordinaires en circulation au 25 février 2025.
L'entreprise a également rapporté avoir réussi à compléter plus de 85 % de son précédent programme de rachat d'actions, qui avait autorisé 161 316 actions. Les nouveaux rachats seront effectués par le biais de rachats sur le marché ouvert, y compris via un plan de trading SEC Rule 10b5-1, ou par le biais de transactions négociées en privé, sous réserve des conditions du marché.
TCBS se réserve le droit de suspendre ou d'interrompre le programme à tout moment, soulignant son engagement à maintenir la flexibilité financière pour les investissements dans les opérations de base.
Texas Community Bancshares (NASDAQ: TCBS) hat ein neues Aktienrückkaufprogramm angekündigt, das von seinem Vorstand genehmigt wurde. Das Programm ermöglicht es dem Unternehmen, bis zu 153.083 Aktien zurückzukaufen, was etwa 5% der zum 25. Februar 2025 ausstehenden Stammaktien entspricht.
Das Unternehmen berichtete auch, dass es über 85% seines vorherigen Aktienrückkaufprogramms erfolgreich abgeschlossen hat, das 161.316 Aktien genehmigt hatte. Die neuen Rückkäufe werden durch Käufe am offenen Markt durchgeführt, einschließlich über einen SEC Regel 10b5-1 Handelsplan oder durch privat verhandelte Transaktionen, abhängig von den Marktbedingungen.
TCBS behält sich das Recht vor, das Programm jederzeit auszusetzen oder einzustellen und betont damit sein Engagement, finanzielle Flexibilität für Investitionen in Kerngeschäfte zu erhalten.
- New 153,083 share repurchase program authorized (5% of outstanding shares)
- High completion rate (85%) of previous buyback program
- Flexible execution methods through open market or private transactions
- Program can be suspended or discontinued at any time
- Share repurchases may limit capital available for core operations
The Company intends to conduct any repurchases through open market purchases, including by means of a trading plan adopted under SEC Rule 10b5-1, or in privately negotiated transactions, subject to market conditions and other factors. There is no guarantee as to the exact number of shares that the Company may repurchase. Throughout the execution of this program, the Company is committed to retaining the financial flexibility it needs to invest in its core operations. The stock repurchase program may be suspended or discontinued at any time.
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SOURCE Texas Community Bancshares, Inc.
FAQ
How many shares can Texas Community Bancshares (TCBS) repurchase under the new program?
What percentage of the previous TCBS share repurchase program was completed?
How will TCBS execute its new stock repurchase program?
Can Texas Community Bancshares suspend its new stock repurchase program?
