benzinga65d ago
VANCOUVER, Wash., Jan. 28, 2026 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) ("Riverview" or the "Company") headquartered in Vancouver, WA, the holding company parent of Riverview Bank, announced that on January 22, 2026, its Board of Directors adopted a stock repurchase program.Under this repurchase program, the Company may repurchase up to $4.0 million of the Company's outstanding shares of common stock, in the open market, based on prevailing market prices, or in privately negotiated transactions. Once the repurchase program is effective, the repurchase program will continue until the earlier of the completion of the repurchase or 12 months after the effective date, depending upon market conditions."Enhancing shareholder value remains a top priority for Riverview. Doubling the size of the common stock repurchase reflects our disciplined approach to deploying excess capital. We continue to evaluate strategies that strengthen shareholder value and we believe this expanded repurchase opportunity represents a prudent and effective use of capital," said Nicole Sherman, President and Chief Executive Officer.The Board of Directors of the Company also authorized management to enter into a trading plan ...Full story available on Benzinga.com
