Business
Bank7 Corp. Announces Expansion of Stock Repurchase Plan
OKLAHOMA CITY, Nov. 2, 2020 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) ("the Company"), the parent company of Oklahoma City-based Bank7, announced today that
About this update from Bank7 Corp.
[{"type":"text","content":"OKLAHOMA CITY, Nov. 2, 2020 /PRNewswire/ -- Bank7 Corp. (NASDAQ: BSVN) (\"the Company\"), the parent company of Oklahoma City-based Bank7, announced today that its board of directors has approved a 750,000 share expansion to its existing stock repurchase program, increasing the number of shares available to be repurchased under the program from 1,000,000 shares to 1,750,000 shares. The term of the stock repurchase program continues until September 5, 2021. As of November 2, 2020, the Company has repurchased 985,654 shares under its stock repurchase plan.\n\n \n \n \n \n \n \n\n \nAbout Bank7 Corp. \nWe are Bank7 Corp., a bank holding company headquartered in Oklahoma City, Oklahoma. Through our wholly-owned subsidiary, Bank7, we operate nine full-service branches in Oklahoma, the Dallas/Fort Worth, Texas metropolitan area, and Kansas. We are focused on serving business owners and entrepreneurs by delivering fast, consistent and well-designed loan and deposit products to meet their financing needs. We intend to grow organically by selectively opening additional branches in our target markets as well as pursue strategic acquisitions.\nCautionary Statements Regarding Forward-Looking Information \nThis communication contains a number of forward-looking statements. These forward-looking statements reflect Bank7 Corp.'s current views with respect to, among other things, future events and Bank7 Corp.'s financial performance. Any statements about Bank7 Corp.'s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as \"anticipate,\" \"believes,\" \"can,\" \"could,\" \"may,\" \"predicts,\" \"potential,\" \"should,\" \"will,\" \"estimate,\" \"plans,\" \"projects,\" \"continuing,\" \"ongoing,\" \"expects,\" \"intends\" and similar words or phrases. Any or all of the forward-looking statements in (or conveyed orally regarding) this presentation may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this presentation should not be regarded as a representation by Bank7 Corp. or any other person that the future plans, estimates or expectations contemplated by Bank7 Corp. will be achieved. \nThese forward-looki...