Bank7 declares dividend, approves stock repurchase plan.
BANKING AND CREDIT NEWS-September 9, 2019--Bank7 declares dividend, approves stock repurchase plan
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 09 September 2019
Bank7 Corp. (NASDAQ: BSVN), the parent company of Oklahoma City-based Bank7, has said that its board of directors has declared a quarterly cash dividend of USD0.10 per share on its common stock.
The dividend will be payable on October 16, 2019 to shareholders of record as of October 1, 2019.
In addition, the board of directors has approved repurchase up to 500,000 shares, or nearly 5.0 percent of current outstanding shares of the company's common stock. The stock repurchase program will have a term of two years. The repurchases will be made from time to time in the open market including any trading plan in compliance with the regulatory provisions. The timing and amount of shares repurchased will be determined by the company's management...
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