Sierra Bancorp announces share repurchase program, declares quarterly cash dividend

Published 2 weeks ago Positive
Sierra Bancorp announces share repurchase program, declares quarterly cash dividend
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* Sierra Bancorp (NASDAQ:BSRR [https://seekingalpha.com/symbol/BSRR]), parent of Bank of the Sierra, has approved a new share repurchase program authorizing the company to repurchase up to 1M shares of its outstanding common stock.
* The buyback commences after the current share repurchase program expires on October 31, 2025, and wil continue until October 31, 2026. This new share repurchase program replaces and supersedes the current share repurchase program dated October 17, 2024, for 1M shares.
* The company also declared a regular quarterly cash dividend of $0.25 per share, payable on November 14, 2025, to shareholders of record as of November 3, 2025.
* BSRR +7.18% premarket to $28.5.
* Source: Press Release [https://seekingalpha.com/pr/20278851-sierra-bancorp-announces-share-repurchase-program-and-declares-quarterly-cash-dividend]

MORE ON SIERRA BANCORP

* Sierra Bancorp declares $0.25 dividend, up to 1M share repurchase authorization [https://seekingalpha.com/news/4508173-sierra-bancorp-declares-025-dividend-up-to-1m-share-repurchase-authorization]
* Seeking Alpha’s Quant Rating on Sierra Bancorp [https://seekingalpha.com/symbol/BSRR/ratings/quant-ratings]
* Financial information for Sierra Bancorp [https://seekingalpha.com/symbol/BSRR/income-statement]