Red River Bancshares Renews Stock Repurchase Program

Dow Jones

Dec 20, 2024

By Stephen Nakrosis

Red River Bancshares said its board has renewed the company's stock repurchase program, which will expire on Dec. 31.

The renewed repurchase program authorizes Red River to purchase up to $5 million of its outstanding shares from Jan. 1 to Dec. 31, 2025.

The bank holding company for Red River Bank has a market cap of $371.6 million, 6.78 million shares outstanding, and a public float of 4.17 million shares.

The stock closed Thursday's regular session at $54.37, declining by less than 1%.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 19, 2024 17:51 ET (22:51 GMT)

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