VersaBank Renews Share Buyback Program

Dow Jones
Apr 28
 

By Robb M. Stewart

 

VersaBank renewed a buyback program for up to roughly 9.1% of its public float of shares.

The online business-to-business bank, which is federally chartered in both Canada and the U.S., said Tuesday the Toronto Stock Exchange approved plans for a normal course issuer bid to buy for cancellation as many as 2 million shares through April 29, 2027.

Under VersaBank's previous normal course issuer, 573,251 shares purchased on available Canadian and U.S. exchanges at a volume-weighted average price of $11.49 a share.

 

Write to Robb M. Stewart at robb.stewart@wsj.com

 

(END) Dow Jones Newswires

April 28, 2026 07:40 ET (11:40 GMT)

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