CVB Financial Rewards Shareholders With New Share Repurchase Plan
CVB Financial (CVBF) ZACKS·2024-11-26 00:25
CVB Financial Corp. (CVBF) authorized a share buyback plan of 10 million shares of the company’s common stock under the 2024 Repurchase Program. This authorization replaces CVBF’s previous share repurchase program from 2022, which had the same authorization amount. As of Sept. 30, 2024, 4.3 million shares remained available for repurchase. David A. Brager, president and CEO of CVBF, said, “The approval of this share repurchase program reflects our robust capital position, consistent track record of producin ...