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Customers Bancorp extends buyback program for one year

Oct. 04, 2022 8:06 AM ETCustomers Bancorp, Inc. (CUBI) StockBy: Deepa Sarvaiya, SA News Editor3 Comments
  • Customers Bancorp (NYSE:CUBI) extends the term term of the share repurchase program for one additional year to September 27, 2023.
  • The share repurchase program was previously authorized on August 25, 2021 to repurchase up to 3,235,326 shares of the company's common stock.
  • The company repurchased 1,191,934 shares under the share repurchase program through September 30, 2022, and has up to 2,043,392 shares that may yet be purchased.

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