Cathay general bancorp adopts new share repurchase program

Los angeles--(business wire)--cathay general bancorp (the “company”, nasdaq: caty), the holding company for cathay bank, announced that its board of directors has adopted a new share repurchase program authorizing the company to repurchase up to $150,000,000 of the company's common stock. the previous $125,000,000 share repurchase program announced on may 28, 2024, was completed on february 28, 2025, with the repurchase of 2,905,487 shares at an average cost of $43.02. the share repurchases may.
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