Metropolitan Bank Approves $50 Million Stock Buyback Plan

MT Newswires Live

06/23

Metropolitan Bank Holding (MCB) has authorized a new stock buyback program for up to $50 million of outstanding common shares, the company said late Monday.

The company plans to fund the buybacks with available cash, it said.

The program has no expiry date and may be paused or terminated at any time, the company said.

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