RIVERSIDE, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) — Provident Monetary Holdings (NASDAQ:), Inc. (Firm), NASDAQ GS: PROV, the holding firm for Provident Financial savings Financial institution, F.S.B., at this time introduced that the Firm’s Board of Administrators licensed an extension of the September 28, 2023 Inventory Repurchase Plan (Plan) for a interval of 1 yr or till accomplished, whichever happens first. There are 99,968 shares presently accessible to be bought underneath the Plan. The Company will buy the shares sometimes within the open market or by means of privately negotiated transactions relying on market situations, the capital necessities of the Company, and accessible money that may be allotted to the inventory repurchase program, amongst different issues.
Secure-Harbor Assertion
Sure issues on this Information Launch could represent forward-looking statements throughout the that means of the Personal Securities Litigation Reform Act of 1995. These forward-looking statements could relate to, amongst others, expectations of the enterprise surroundings through which the Firm operates, projections of future efficiency, perceived alternatives out there, potential future credit score expertise, and statements relating to the Firm’s mission and imaginative and prescient. These forward-looking statements are primarily based upon present administration expectations, and should, due to this fact, contain dangers and uncertainties. The Firm’s precise outcomes, efficiency, or achievements could differ materially from these steered, expressed, or implied by forward-looking statements on account of a variety of things together with, however not restricted to, the final enterprise surroundings, rates of interest, the California actual property market, aggressive situations between banks and non-bank monetary companies suppliers, regulatory modifications, and different dangers detailed within the Firm’s stories filed with the Securities and Change Fee, together with its Annual Report on Type 10-Ok for the fiscal yr ended June 30, 2024.
| Contacts: | Donavon P. Ternes President and Chief Government Officer (951) 686-6060 |
TamHao B. Nguyen Senior Vice President and Chief Monetary Officer (951) 686-6060 |
Supply: Provident Monetary Holdings, Inc.
