FIRST RESOURCE BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
EXTON, Pa., Aug. 12, 2024 /PRNewswire/ — First Resource Bancorp, Inc. (the “Company”) (OTCQX: FRSB), the parent company for First Resource Bank, announced today that its Board of Directors has approved a stock repurchase program of up to 155,922 shares, or 5%, of its outstanding shares of common stock. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice. The stock repurchase program will expire on July 16, 2025, subject to the earlier termination or extension of the Board of Directors.
Related news for (FRSB)
- FIRST RESOURCE BANCORP, INC. ANNOUNCES 2024 SECOND QUARTER RESULTS; NET INTEREST MARGIN EXPANDS, LOANS GREW 14% AND DEPOSITS GREW 13% OVER THE PAST 12 MONTHS
- FIRST RESOURCE BANCORP, INC. Recognized as One of the Top Performing Bank Holding Companies Under $2 Billion in Assets in the US by American Banker
- FIRST RESOURCE BANCORP, INC. ANNOUNCES 2024 FIRST QUARTER RESULTS; CONTINUED BALANCE SHEET GROWTH OFFSETS MARGIN COMPRESSION
- First Resource Bank Celebrates The Promotion of Lauren Ranalli to President & Chief Executive Officer And The Retirement of former CEO, Glenn Marshall