The Board of Directors approved an inaugural stock repurchase program authorizing the company to buy back up to two million shares of common stock through December 31, 2027. Repurchases may be executed in open market transactions or privately negotiated deals based on prevailing prices and market conditions. This initiative reflects management's confidence in the firm's financial strength and capital position as it seeks to maximize shareholder value. ServisFirst Bancshares is a bank holding company providing commercial and consumer banking services across several southeastern U.S. states.
