Banner authorizes repurchase of up to 1.7M shares, ~5% of outstanding stock

Banner authorized repurchase of up to 1.7 million shares, about 5% of its issued and outstanding common stock.Key Highlights:Original SEC Filing: BANNER CORP [ BANR ] - 8-K - Aug. 03, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the s…

Banner authorized repurchase of up to 1.7 million shares, about 5% of its issued and outstanding common stock.

Key Highlights:

Board approved repurchase program for up to 1.7 million shares, ~5% of outstanding common stock.
Repurchases may be made in the open market; timing and amount depend on market conditions.
Company believes buybacks are a way to build long-term shareholder value.
Banner is a $16.59 billion bank holding company operating Banner Bank across four Western states.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.