Veritex ( (VBTX) ) has provided an update.
On March 25, 2025, Veritex Holdings, Inc. announced the extension of its stock buyback program through March 31, 2026, allowing the company to repurchase up to $50 million of its outstanding common stock. The program, initially approved in 2024, has already seen the repurchase of 555,016 shares valued at $13.1 million. The extension aims to utilize the company’s cash on hand and operational cash flow, with repurchases subject to market conditions and regulatory requirements, reflecting Veritex’s strategic financial management and commitment to enhancing shareholder value.
More about Veritex
Headquartered in Dallas, Texas, Veritex Holdings, Inc. is a bank holding company operating through its wholly-owned subsidiary, Veritex Community Bank, with locations in the Dallas-Fort Worth metroplex and the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System.
YTD Price Performance: -9.19%
Average Trading Volume: 379,424
Technical Sentiment Signal: Hold
Current Market Cap: $1.33B
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