Shore Bancshares Raises Quarterly Dividend, Authorizes $30 Million Buyback

MT Newswires Live

05/22

Shore Bancshares (SHBI) said late Thursday its board has raised the quarterly dividend to $0.14 per share from $0.12, payable June 17 to holders of record June 3.

The company said its board has also authorized the repurchase of up to $30 million of its outstanding common stock over the next 12 months.

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