Catalyst Bancorp, Inc. Announces New Share Repurchase Plan

Rhea-AI Summary

Catalyst Bancorp (Nasdaq: CLST) announced a new share repurchase program on November 20, 2025. The Board approved the November 2025 Repurchase Plan, authorizing purchases of up to 205,000 shares, representing approximately 5% of outstanding common stock.

Since the first repurchase program in January 2023 and through November 18, 2025, the company has repurchased 1,180,817 shares, representing about 22% of the common shares originally issued, at an average cost of $11.97 per share.

Positive

• Authorized buyback of 205,000 shares (~5% outstanding)
• Cumulative repurchases of 1,180,817 shares (~22% originally issued)
• Historical average cost $11.97 per share across repurchases

Negative

• Company did not disclose timing or funding source for the November 2025 Repurchase Plan

OPELOUSAS, La., Nov. 20, 2025 /PRNewswire/ -- Catalyst Bancorp, Inc. (Nasdaq: "CLST") (the "Company"), the parent company for Catalyst Bank (the "Bank") (www.catalystbank.com), announced today that the Board of Directors approved the Company's sixth share repurchase plan (the "November 2025 Repurchase Plan"). 

Under the November 2025 Repurchase Plan, the Company may purchase up to 205,000 shares, or approximately 5%, of the Company's outstanding common stock. Since the announcement of the Company's first share repurchase plan in January 2023 and through November 18, 2025, the Company has repurchased a total of 1,180,817 shares of its common stock, or approximately 22% of the common shares originally issued, at an average cost per share of $11.97.

About Catalyst Bancorp, Inc.

Catalyst Bancorp, Inc. (Nasdaq: CLST) is a Louisiana corporation and registered bank holding company for Catalyst Bank, its wholly-owned subsidiary, with $283.8 million in assets at September 30, 2025. Catalyst Bank, formerly St. Landry Homestead Federal Savings Bank, has been in operation in the Acadiana region of south-central Louisiana since 1922. With a focus on fueling business and improving lives throughout the region, Catalyst Bank offers commercial and retail banking products through our six full-service branches located in Carencro, Eunice, Lafayette, Opelousas, and Port Barre. To learn more about Catalyst Bancorp and Catalyst Bank, visit www.catalystbank.com, or the website of the Securities and Exchange Commission, www.sec.gov.

Forward-looking Statements

This news release reflects industry conditions, Company performance and financial results and contains "forward-looking statements,' which may include forecasts of our financial results and condition, expectations for our operations and businesses, and our assumptions for those forecasts and expectations. Do not place undue reliance on forward-looking statements. These forward-looking statements are subject to a number of risk factors and uncertainties which could cause the Company's actual results and experience to differ materially from the anticipated results and expectation expressed in such forward-looking statements.

Factors that could cause our actual results to differ materially from our forward-looking statements are described under "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Supervision and Regulation" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in other documents subsequently filed by the Company with the Securities and Exchange Commission, available at the SEC's website and the Company's website, each of which are referenced above. To the extent that statements in this news release relate to future plans, objectives, financial results or performance by the Company, these statements are deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are generally identified by use of words such as "may," "believe," "expect," "anticipate," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. 

Forward-looking statements represent management's beliefs, based upon information available at the time the statements are made, with regard to the matters addressed; they are not guarantees of future performance. Forward-looking statements are subject to numerous assumptions, risks and uncertainties that change over time and could cause actual results or financial condition to differ materially from those expressed in or implied by such statements. All information is as of the date of this news release. Except to the extent required by applicable law or regulation, the Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

For more information:
Joe Zanco, President and CEO
(337) 948-3033

View original content to download multimedia:https://www.prnewswire.com/news-releases/catalyst-bancorp-inc-announces-new-share-repurchase-plan-302622352.html

SOURCE Catalyst Bancorp, Inc.

FAQ

What did Catalyst Bancorp announce on November 20, 2025 regarding CLST?

The Board approved the November 2025 Repurchase Plan to buy up to 205,000 shares of CLST, roughly 5% of outstanding common stock.

How many shares has Catalyst Bancorp repurchased since January 2023 for CLST?

Through November 18, 2025, the company repurchased 1,180,817 shares, about 22% of originally issued common shares.

What is the average cost per share for Catalyst Bancorp's past repurchases?

The company repurchased shares at an average cost of $11.97 per share across prior programs.

What percentage of outstanding shares does the November 2025 plan cover for CLST?

The November 2025 Repurchase Plan may purchase up to 205,000 shares, approximately 5% of outstanding common stock.

Does Catalyst Bancorp disclose the timing and funding for the CLST buyback?

The announcement does not disclose specific timing or the funding source for the November 2025 Repurchase Plan.