American Business Bank Announces Authorization of Third Stock Repurchase Program
American Business Bank's board authorized a third stock repurchase program, allowing the bank to buy back up to $21 million of common stock, or approximately 288,555 shares (3.25% of outstanding shares). The new program follows the completion of prior repurchases, where the bank bought back 227,541 shares in August 2025 and 123,064 shares in August 2026.
Key figures
- Shares authorized
- 288555
- Buyback authorization usd
- 21000000
- Percentage of outstanding
- 3.25%
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