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CALIFORNIA FIRST LEASING - $CFNB STOCK NEWS

Welcome to our dedicated page for CALIFORNIA FIRST LEASING news (Ticker: $CFNB), a resource for investors and traders seeking the latest updates and insights on CALIFORNIA FIRST LEASING stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CALIFORNIA FIRST LEASING's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CALIFORNIA FIRST LEASING's position in the market.

News
CALIFORNIA FIRST LEASING CORPORATION ANNOUNCES PRELIMINARY RESULTS OF TENDER OFFER
Rhea-AI Summary
California First Leasing Corporation (CalFirst Lease, OTCQX: CFNB) announced the results of its oversubscribed tender offer to purchase up to 200,000 shares of its common stock for $16.50 per share, with a total of 575,537 shares being tendered. The company has accepted for purchase 394,069 shares, representing approximately 4.1% of the outstanding common stock. The aggregate cost of the purchase is approximately $6,502,139, with a preliminary proration factor of 68.5 percent.
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News
CALIFORNIA FIRST LEASING CORPORATION COMMENCES TENDER OFFER FOR UP TO 200,000 SHARES
Rhea-AI Summary
California First Leasing Corporation (CFNB) has announced a tender offer to repurchase up to 200,000 shares of its common stock, representing approximately 2.1% of its outstanding shares. Shareholders can tender their shares at a price of $16.50 per share. The offer is expected to expire on December 4, 2023. The CEO stated that the tender offer provides an opportunity for shareholders to sell their shares and receive a return on their investment. The company reserves the right to purchase an additional 2% of outstanding common stock if more than 200,000 shares are tendered.
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CALIFORNIA FIRST LEASING

OTC:CFNB

CFNB Rankings

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CFNB Stock Data

176.88M
86.39k
86.08%
6.9%
0.15%
Commercial Banking
Finance and Insurance
Link
United States of America
Newport Beach

About CFNB

california first national bank is an fdic-insured national bank that specializes in capital assets as well as providing banking services. calfirst is a wholly owned subsidiary of california first national bancorp (nasdaq: cfnb), a publicly traded holding company with over $780 milllion in assets as of december 31, 2015. at calfirst, customers come first. we combine financial expertise with a strategic technology advantage to offer premium customer service. because our customers bank by phone and online, we can deliver competitive rates and high-speed financial services in a networked world. calfirst is committed to delivering a superior banking experience, with the ultimate in convenience and the highest quality in customer care. that means interest rates and fees that are competitive nationally, one-stop banking anytime, anywhere, and personalized service with the security of fdic insurance. we're about people, not just numbers at calfirst banking is not just about numbers, it's also