United Bancorporation of Alabama, Inc. Announces Renewal of Stock Repurchase Program
United Bancorporation of Alabama (OTCQX: UBAB) has announced the renewal of its stock repurchase program, authorized by its Board of Directors. The program allows the company to repurchase up to 337,380 shares, representing approximately 10% of its currently outstanding common stock, through May 13, 2026.
The repurchases will be executed at management's discretion, following Rule 10b-18 SEC guidelines, and will be conducted through open market purchases and negotiated transactions at prevailing market prices. The company may also make repurchases under Rule 10b5-1 trading plans. The program can be suspended, terminated, or modified at any time.
United Bancorporation of Alabama (OTCQX: UBAB) ha annunciato il rinnovo del suo programma di riacquisto azionario, autorizzato dal Consiglio di Amministrazione. Il programma consente all'azienda di riacquistare fino a 337.380 azioni, pari a circa il 10% delle azioni ordinarie attualmente in circolazione, fino al 13 maggio 2026.
I riacquisti saranno effettuati a discrezione della direzione, in conformità alle linee guida della Regola 10b-18 della SEC, e saranno condotti tramite acquisti sul mercato aperto e transazioni negoziate ai prezzi di mercato prevalenti. L'azienda potrà inoltre effettuare riacquisti nell'ambito di piani di trading conformi alla Regola 10b5-1. Il programma potrà essere sospeso, terminato o modificato in qualsiasi momento.
United Bancorporation of Alabama (OTCQX: UBAB) ha anunciado la renovación de su programa de recompra de acciones, autorizado por su Junta Directiva. El programa permite a la empresa recomprar hasta 337,380 acciones, que representan aproximadamente el 10% de sus acciones comunes en circulación, hasta el 13 de mayo de 2026.
Las recompras se ejecutarán a discreción de la dirección, siguiendo las directrices de la Regla 10b-18 de la SEC, y se realizarán mediante compras en el mercado abierto y transacciones negociadas a los precios de mercado vigentes. La empresa también podrá realizar recompras bajo planes de negociación conforme a la Regla 10b5-1. El programa puede ser suspendido, terminado o modificado en cualquier momento.
United Bancorporation of Alabama (OTCQX: UBAB)는 이사회의 승인을 받아 자사 주식 재매입 프로그램을 갱신했다고 발표했습니다. 이 프로그램은 회사가 현재 발행 중인 보통주 약 10%에 해당하는 337,380주까지 2026년 5월 13일까지 재매입할 수 있도록 허용합니다.
재매입은 경영진의 재량에 따라 SEC의 10b-18 규칙 지침에 따라 실행되며, 공개 시장 매수 및 협상 거래를 통해 현행 시장 가격으로 이루어집니다. 또한 회사는 10b5-1 거래 계획에 따라 재매입을 진행할 수도 있습니다. 이 프로그램은 언제든지 중단, 종료 또는 변경될 수 있습니다.
United Bancorporation of Alabama (OTCQX: UBAB) a annoncé le renouvellement de son programme de rachat d’actions, autorisé par son conseil d’administration. Ce programme permet à la société de racheter jusqu’à 337 380 actions, représentant environ 10% de ses actions ordinaires en circulation, jusqu’au 13 mai 2026.
Les rachats seront effectués à la discrétion de la direction, conformément aux directives de la règle 10b-18 de la SEC, et se feront par achats sur le marché libre et transactions négociées aux prix du marché en vigueur. La société peut également procéder à des rachats dans le cadre de plans de négociation conformes à la règle 10b5-1. Le programme peut être suspendu, arrêté ou modifié à tout moment.
United Bancorporation of Alabama (OTCQX: UBAB) hat die Verlängerung seines Aktienrückkaufprogramms bekannt gegeben, das vom Vorstand genehmigt wurde. Das Programm erlaubt es dem Unternehmen, bis zu 337.380 Aktien zurückzukaufen, was etwa 10% des derzeit ausstehenden Stammkapitals entspricht, bis zum 13. Mai 2026.
Die Rückkäufe erfolgen nach Ermessen des Managements gemäß den SEC-Richtlinien der Regel 10b-18 und werden durch offene Markttransaktionen und ausgehandelte Geschäfte zu aktuellen Marktpreisen durchgeführt. Das Unternehmen kann auch Rückkäufe im Rahmen von Handelsplänen gemäß Regel 10b5-1 tätigen. Das Programm kann jederzeit ausgesetzt, beendet oder geändert werden.
- Authorization to repurchase up to 10% of outstanding shares shows confidence in company's value
- Flexible implementation timeline until May 2026 allows for strategic buying opportunities
- Program can enhance shareholder value through reduced share count
- No guarantee on the exact number of shares to be repurchased
- Program can be suspended or terminated at any time
- Repurchases will use cash that could be allocated to other business opportunities
Repurchases will be made at the discretion of management in accordance with the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission when pricing is considered attractive and in the best interests of both the Company and its shareholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases and negotiated transactions at prevailing market prices will be conducted in accordance with applicable legal and regulatory requirements. Repurchases may also be made pursuant to trading plans under Rule 10b5-1. The repurchase program may be suspended, terminated, or modified at any time for any reason. There is no guarantee as to the exact number of shares that will be repurchased by the Company.
About United Bancorporation of Alabama, Inc.
United Bancorporation of Alabama, Inc. is a
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SOURCE United Bancorporation
FAQ
How many shares can UBAB repurchase under its new stock buyback program?
When does United Bancorporation of Alabama's stock repurchase program expire?
How will UBAB execute its share repurchase program?
Is UBAB guaranteed to repurchase all authorized shares under the program?
