Parke Bancorp (PKBK) has authorized a stock buyback plan allowing the company to repurchase up to 5% of its common shares over the next 12 months, the company said Friday.
The timing and volume of buybacks will be subject to price, regulations, and market conditions, the company said.
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.