Provident Financial Holdings Authorizes New Stock Repurchase Plan
Provident Financial Holdings will repurchase up to five percent of its common stock once its current repurchase plan is completed or expires.
Provident Financial Holdings, Inc. authorized a new stock repurchase plan on October 22, 2026, allowing the company to buy back up to five percent of its common stock. The plan covers approximately 305,477 shares.
The new initiative will commence after the existing January 2026 repurchase plan, which has roughly 21,674 shares remaining, is either fulfilled or expires. The company intends to acquire the shares over a one-year period using open market purchases or privately negotiated transactions.
Execution of the plan remains contingent upon available cash, capital requirements, and prevailing market conditions.
