Atlantic Union Bankshares Corporation Buyback
OLI recorded this information on 12/10/2021
Company:
Atlantic Union Bankshares Corporation
Buyback:
AUB buyback
$Amount Authorized:
$100,000,000
Buyback Details:
The Board of Directors (the "Board") of Atlantic Union Bankshares Corporation (the "Company") has authorized the repurchase of up to $100 million worth of the Company's common stock through December 9, 2022 (the "Repurchase Program"). Shares of common stock may be purchased under the Repurchase Program periodically in open market transactions or privately negotiated transactions at prevailing market prices, including pursuant to a trading plan in accordance with Rule 10b5-1 and/or Rule 10b-18 under the Securities Exchange Act of 1934, as amended.
Union Bankshares is a financial holding company and a bank holding company. Through its subsidiary, Atlantic Union Bank (the Bank), Co. provides a range of financial services throughout Virginia and in portions of Maryland and North Carolina. The Bank is a bank providing consumers and businesses a range of banking and related financial services, including checking, savings, certificates of deposit, and other depository services, as well as loans for commercial, industrial, residential mortgage, and consumer purposes. The Bank also provides mobile and internet banking services and online bill payment for all customers, whether retail or commercial.
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Preferred: AUB.PRA
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Avg. Broker Rec.
 
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Buy (3.40 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: AUB Stock Forecast Based on Zacks ABR data; powered by Xignite |
