Red River Bancshares, Inc. Announces Private Stock Repurchase
Red River Bancshares (RRBI) has announced a private stock repurchase agreement with a shareholder to buy back 100,000 shares of its common stock for $5.1 million. The purchase price represents a discount compared to the 10-, 20-, and 30-day volume weighted average price as of May 20, 2025.
This private repurchase is separate from the company's existing $5.0 million repurchase program, which runs through December 31, 2025, and currently has $4.7 million in remaining capacity. The transaction demonstrates the company's commitment to enhancing shareholder value.
Red River Bancshares (RRBI) ha annunciato un accordo privato per il riacquisto di azioni con un azionista, per riacquistare 100.000 azioni ordinarie per un importo di 5,1 milioni di dollari. Il prezzo di acquisto rappresenta uno sconto rispetto al prezzo medio ponderato per il volume degli ultimi 10, 20 e 30 giorni alla data del 20 maggio 2025.
Questo riacquisto privato è distinto dal programma di riacquisto da 5,0 milioni di dollari attualmente in vigore, che durerà fino al 31 dicembre 2025 e che dispone ancora di una capacità residua di 4,7 milioni di dollari. L'operazione sottolinea l'impegno dell'azienda a valorizzare gli azionisti.
Red River Bancshares (RRBI) ha anunciado un acuerdo privado de recompra de acciones con un accionista para recomprar 100,000 acciones comunes por un total de 5.1 millones de dólares. El precio de compra representa un descuento en comparación con el precio promedio ponderado por volumen de 10, 20 y 30 días al 20 de mayo de 2025.
Esta recompra privada es independiente del programa de recompra existente de 5.0 millones de dólares de la compañía, que se extiende hasta el 31 de diciembre de 2025 y que actualmente cuenta con una capacidad restante de 4.7 millones de dólares. La transacción demuestra el compromiso de la empresa con la creación de valor para los accionistas.
Red River Bancshares (RRBI)는 주주와의 비공개 주식 재매입 계약을 발표했으며, 보통주 100,000주를 510만 달러에 재매입할 예정입니다. 매입 가격은 2025년 5월 20일 기준 10일, 20일, 30일 거래량 가중 평균 가격에 비해 할인된 가격입니다.
이번 비공개 재매입은 2025년 12월 31일까지 진행되는 회사의 기존 500만 달러 재매입 프로그램과 별개이며, 현재 470만 달러의 잔여 한도가 남아 있습니다. 이 거래는 주주 가치를 높이려는 회사의 의지를 보여줍니다.
Red River Bancshares (RRBI) a annoncé un accord privé de rachat d’actions avec un actionnaire pour racheter 100 000 actions ordinaires pour un montant de 5,1 millions de dollars. Le prix d’achat représente une décote par rapport au prix moyen pondéré par le volume sur 10, 20 et 30 jours au 20 mai 2025.
Ce rachat privé est distinct du programme de rachat de 5,0 millions de dollars en cours de la société, qui se poursuit jusqu’au 31 décembre 2025 et dispose actuellement d’une capacité restante de 4,7 millions de dollars. Cette opération témoigne de l’engagement de l’entreprise à augmenter la valeur pour ses actionnaires.
Red River Bancshares (RRBI) hat eine private Aktienrückkaufvereinbarung mit einem Aktionär bekannt gegeben, um 100.000 Stammaktien für 5,1 Millionen US-Dollar zurückzukaufen. Der Kaufpreis stellt einen Abschlag gegenüber dem volumengewichteten Durchschnittspreis der letzten 10, 20 und 30 Tage zum 20. Mai 2025 dar.
Dieser private Rückkauf ist getrennt von dem bestehenden 5,0 Millionen US-Dollar Rückkaufprogramm des Unternehmens, das bis zum 31. Dezember 2025 läuft und derzeit noch eine Kapazität von 4,7 Millionen US-Dollar aufweist. Die Transaktion unterstreicht das Engagement des Unternehmens zur Steigerung des Aktionärswerts.
- Private stock repurchase of 100,000 shares at a discounted price
- Purchase price of $5.1 million represents a discount to recent volume weighted average prices
- Additional to existing $5.0 million repurchase program with $4.7 million remaining capacity
- Demonstrates commitment to returning value to shareholders
- None.
ALEXANDRIA, La., May 22, 2025 (GLOBE NEWSWIRE) -- Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced today that, on May 22, 2025, the Company entered into a stock repurchase agreement with a shareholder for the repurchase by the Company of 100,000 shares of its common stock in a privately-negotiated transaction for a purchase price of
The repurchase is supplemental to the Company’s previously announced
About Red River Bancshares, Inc.
The Company is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of our commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and one combined loan and deposit production office in New Orleans, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area (“MSA”); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans.
Forward-Looking Statements
This press release may contain forward-looking statements that are based on various facts and derived using numerous assumptions that are subject to known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Forward-looking statements include information about the expected benefits of the repurchase, information concerning the timing, manner, amount, and overall impact of future purchases under the repurchase program, as well as any other statement other than statements of historical fact. Words or phrases such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “projection,” “would,” and “outlook,” or the negative version of those words, or such other comparable words or phrases are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements are not historical facts, and are based on current expectations, estimates, and projections about the Company’s industry, management’s beliefs, and certain assumptions made by management, many of which, by their nature, are inherently uncertain and beyond the Company’s control. Accordingly, you are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, assumptions, and uncertainties that are difficult to predict. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. Unless required by law, the Company also disclaims any obligation to update any forward-looking statements. Interested parties should not place undue reliance on any forward-looking statement and should carefully consider the risks and other factors that the Company faces. For a discussion of these risks and other factors, please see the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q, and in other documents that we file with the Securities and Exchange Commission from time to time.
Contact:
Julia Callis
Senior Vice President, General Counsel, and Corporate Secretary
318-561-4042
julia.callis@redriverbank.net
FAQ
What is the value of RRBI's private stock repurchase announced on May 22, 2025?
How much capacity remains in RRBI's existing stock repurchase program?
When does RRBI's current stock repurchase program expire?
How does the private repurchase price compare to RRBI's recent stock prices?
