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Posted by
Two Blokes Jun 5 -
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Stock
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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.
