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Today's most important buybacks

Published 12/19/2022, 05:14 PM
Updated 12/19/2022, 05:19 PM
© Reuters.  Today's most important buybacks
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By Davit Kirakosyan

Amerant Bancorp Inc. (NASDAQ:AMTB) announced that its Board of Directors authorized a new share repurchase program of up to $25 million of its shares of Class A common stock, effective from January 1, 2023 until December 31, 2023. Shares gained more than 8% today.

Terex Corporation (NYSE:TEX) today announced that its Board of Directors authorized a new share repurchase program of up to $150M, in addition to the share repurchase program announced in July 2018, under which approximately $43M is remaining.

ZipRecruiter (NYSE:ZIP) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Wells Fargo (NYSE:WFC), National Association, to repurchase $50.0M of ZipRecruiter’s common stock.

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