Guaranty Bancshares, Inc. announces an Equity Buyback for 1,250,000 shares.
March 18, 2024 at 04:30 pm EDT
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Guaranty Bancshares, Inc. (NYSE:GNTY) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares of the company's outstanding common stock. The program will be valid until the earlier of April 21, 2026 or the date all shares authorized for repurchase under the program have been repurchased, unless shortened or extended by the board of directors.
Guaranty Bancshares, Inc. is a bank holding company of Guaranty Bank & Trust, N.A. (the Bank). The Bank provides a range of relationship-driven commercial and consumer banking, as well as trust and wealth management products and services that are tailored to meet the needs of small- and medium-sized businesses, professionals and individuals. Its lending activities provide a range of loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, term loans, equipment financing, acquisition, expansion and development loans, borrowing base loans, real estate construction loans, homebuilder loans, letters of credit and other loan products. It also offers various consumer loans to individuals and professionals, including residential real estate loans, home equity loans, installment loans, unsecured and secured personal lines of credit, and standby letters of credit. The Bank operates 33 full-service banking locations.