Business

Provident Financial Holdings Announces New Stock Repurchase Plan

RIVERSIDE, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors authorized the repurchase of up to five percent (5%) of the Company’s common stock, approximately 318,875 shares. Beginning on January 23, 2026, the Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a o

articleProvident Financial Holdings, Inc.January 22, 20261/company/provident-financial-holdings-inc/news/provident-financial-holdings-announces-stock-004000628
Provident Financial Holdings Announces New Stock Repurchase Plan

About this update from Provident Financial Holdings, Inc.

[{"type":"image","alt":"Provident Financial Holdings, Inc.","displaySize":"","headline":null,"caption":"Provident Financial Holdings, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":269,"height":91,"url":"https://media.zenfs.com/en/globenewswire.com/c029847d95006b7c42027f027d81ac0b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/jtPMN6drouUMLaocuXfUHA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE0MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c029847d95006b7c42027f027d81ac0b","width":269,"height":91}},"lazy":false},{"type":"text","content":"RIVERSIDE, Calif., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Provident Financial Holdings, Inc. (“Company”), NASDAQ GS: PROV, the holding company for Provident Savings Bank, F.S.B., today announced that the Company’s Board of Directors authorized the repurchase of up to five percent (5%) of the Company’s common stock, approximately 318,875 shares. Beginning on January 23, 2026, the Company will purchase the shares from time to time in the open market or through privately negotiated transactions over a one-year period depending on market conditions, the capital requirements of the Company, and available cash that can be allocated to the stock repurchase program, among other considerations.","length":689,"tagName":"p"},{"type":"text","content":"Additionally, the January 2025 stock repurchase program is canceled effective January 23, 2026. There were 16,825 remaining shares eligible for repurchase in the January 2025 stock repurchase program that will no longer be repurchased.","length":235,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"style":"max-width:100%;width:100%;min-width:100%;text-align:center;vertical-align:middle;padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":"Safe-Harbor Statement","length":21,"tagName":"p","attribs":{}}]}]},{"val":[{"style":"padding-left:0;padding-right:0;vertical-align:bottom;","val":[{"type":"text","content":" ","length":6,"tagName":"p","attribs":{}}]}]}],"length":21},{"type":"text","content":"Certain matters in this News Release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may relate to, among others, expectations of the business environment in which the Company operates, projections of futur...

More updates from Provident Financial Holdings, Inc.

Provident Savings Bankstock repurchase