Prosperity Bancshares (PB) Tops Q4 EPS by 9c

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Prosperity Bancshares (PB) Announces Stock Repurchase Program

January 26, 2021 5:32 PM EST

Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.65 million shares, of its outstanding common stock over a one-year period expiring on January 26, 2022, at the discretion of management.

Repurchases under this program may be made from time to time in open market transactions,... More