ServisFirst approves buyback of up to 2 million shares
BIRMINGHAM, Ala. - ServisFirst Bancshares, Inc. announced its board of directors has approved a share repurchase program. The company can buy back up to 2 million shares of its common stock by December 31, 2027. The repurchases can happen through open market trading when prices are right or privately negotiated deals. This is the first time ServisFirst has ever done a stock repurchase.
ServisFirst Bank, the bank the company oversees, has branches in several Southern states and offers a range of financial services to both businesses and individuals.
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