Professional Holding Corp Replenishes Stock Repurchase Plan: $10 Million Available pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Professional Holding Corp. Replenishes Stock Repurchase Plan: $10 Million Available
CORAL GABLES, FL / ACCESSWIRE / May 5, 2021 / The Board of Directors of Professional Holding Corp. (NASDAQ:PFHD) (the Company ) has authorized an increase in the amount available under its existing stock repurchase program, established March 2, 2020, such that, effective May 6, 2021, $10 million is available to repurchase outstanding shares of the Company s Class A Common Stock. The timing, price and volume of any stock buy-back will be based on market conditions, relevant securities laws, and other factors.
Repurchases of the Company s Class A Common Stock pursuant to the program may be made from time to time through solicited or unsolicited transactions in the open market, in privately negotiated transactions, block purchases, or pursuant to a Rule 10b5-1 plan. The program may be discontinued or amended at any time.