CORRECTION: PCB Bancorp Announces Stock Repurchase Of 700K Common Shares
PCB Bancorp (the "Company") (NASDAQ:PCB), the holding company of PCB Bank, announced that its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to 700,000 shares of
PCB Bancorp's board said it can buy back 700,000 of its own shares. When a company buys its own shares, fewer shares exist overall, which can mean each share becomes more valuable.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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