By Sabela Ojea
Provident Financial Holdings will buy back up 5% of its common stock.
The holding company for Provident Bank on Thursday said the board authorized the repurchase of 350,353 of its shares over a one-year period.
The company’s April 2022 buyback program, extended this past April, has also been canceled.
There were 25,428 remaining shares eligible for repurchase in the 2022 program that will no longer be repurchased.
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