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By The Online Investor Staff, updated Mon., Apr. 29, 1:38 AM
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Stock Buybacks
| This Slide: #5 of 25 |
Slide #5. Hanmi Financial Corporation
Company:
Hanmi Financial Corporation (NASDAQ:HAFC)
Share Amount Authorized:
1,500,000
Buyback Details:
Hanmi Financial Corporation (NASDAQ: HAFC, or "Hanmi"), the parent company of Hanmi Bank (the "Bank"), today announced that its Board of Directors declared a cash dividend on its common stock for the 2024 second quarter of $0.25 per share. The dividend will be paid on May 22, 2024, to stockholders of record as of the close of business on May 6, 2024. In addition, the Board of Directors today approved a new stock repurchase program. Under the new repurchase program, the Company may repurchase up to 5% of its outstanding shares, or approximately 1.5 million shares of its common stock.
Hanmi Financial is a bank holding company. Through its subsidiary, Hanmi Bank (the Bank), Co. is a community bank conducting general business banking. Lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term, commercial lines of credit and international), equipment lease financing, and small business administration loans. The Bank provides a range of deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts and certificates of deposit.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: HAFC Stock Forecast Based on Zacks ABR data; powered by Xignite |
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