CVB Financial Authorizes 10 Million Share Repurchase Program

By Bobby Samwell • Friday, November 22 10:18 • Permanent Link

CVB Financial Corp. (NASDAQ:CVBF) has announced the authorization of a 10 million share repurchase plan, reflecting the company's robust capital position, consistent track record of producing quality earnings, and history of delivering long-term value to shareholders. This 2024 Repurchase Program replaces the company’s previous 2022 share repurchase program, under which 4,300,059 shares remained available for repurchase.

CVB Financial Corp. is the holding company for Citizens Business Bank and is one of the 10 largest bank holding companies headquartered in California, with over $15 billion in total assets. Citizens Business Bank, consistently recognized as one of the top performing banks in the nation, offers a wide array of banking, lending, and investing services with more than 60 banking centers and 3 trust office locations serving California.

For more detailed financial information, please visit the Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab. Following these announcements, the company's shares moved 3.0%, and are now trading at a price of $23.88. For the full picture, make sure to review CVB Financial's 8-K report.

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