MVB Financial (MVBF) said Monday that its board has approved a share buyback program of up to $10 million of its common stock.
The bank holding company said it plans to start repurchasing stock in May, and that the program will expire when it reaches $10 million unless terminated or otherwise completed.
Shares of MVB Financial were up 1.5% in recent premarket activity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.