Stock BuybacksBy The Online Investor Staff, updated Sat., May. 8, 5:24 AM
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Slide #5. Atlantic Union Bankshares Corporation
Atlantic Union Bankshares Corporation (NASDAQ:AUB)
The Board of Directors (the "Board") of Atlantic Union Bankshares Corporation (the "Company") has authorized the repurchase of up to $125 million worth of the Company's common stock through June 30, 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 provides 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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Buy (3.00 out of 4)