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STBA S and T Bancorp Inc

31.55
0.02 (0.06%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
S and T Bancorp Inc NASDAQ:STBA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.02 0.06% 31.55 12.65 50.59 32.00 31.50 31.97 127,645 22:30:00

S&T Bancorp Announces Approval Of Share Repurchase Plan

22/03/2018 11:30am

PR Newswire (US)


S and T Bancorp (NASDAQ:STBA)
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INDIANA, Pa., March 22, 2018 /PRNewswire/ -- The Board of Directors of S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York authorized a $50 million share repurchase plan at its regular meeting held March 19, 2018.  This repurchase authorization, which is effective through August 31, 2019, permits S&T to repurchase from time to time up to $50 million in aggregate value of shares of S&T's common stock through a combination of open market and privately negotiated repurchases.  The specific timing, price and quantity of repurchases will be at the discretion of S&T and will depend on a variety of factors, including general market conditions, the trading price of the common stock, legal and contractual requirements and S&T's financial performance.  The repurchase plan does not obligate S&T to repurchase any particular number of shares.  S&T expects to fund any repurchases from cash on hand and internally generated funds.

S&T Bancorp, Inc.

About S&T Bancorp, Inc.
S&T Bancorp, Inc. is a $7.1 billion bank holding company that is headquartered in Indiana, Pa. and trades on the NASDAQ Global Select Market under the symbol STBA.  Its principal subsidiary, S&T Bank, was established in 1902 and operates locations in Pennsylvania, Ohio and New York.  For more information, visit www.stbancorp.com or www.stbank.com or call 800.325.2265.

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/st-bancorp-announces-approval-of-share-repurchase-plan-300617978.html

SOURCE S&T Bancorp, Inc.

Copyright 2018 PR Newswire

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