California BanCorp Announces Additional 1.6M Common Stock Buyback Plan
California BanCorp (the "Company") (Nasdaq: BCAL), the holding company for California Bank of Commerce, N.A. (the "Bank"), announces that its Board of Directors has authorized an additional 1.6 million
California BanCorp's board approved buying back 1.6 million of its own shares. When a company buys its own stock, it can signal confidence that shares are fairly priced right now.
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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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