Byline Bancorp, Inc. (NYSE:BY) announces an Equity Buyback for 1,250,000 shares, representing 2.9% of its issued share capital.
December 06, 2023 at 08:04 am EST
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Byline Bancorp, Inc. (NYSE:BY) announces a share repurchase program. Under the program, the company will repurchase up to 1,250,000 shares, representing 3.3% of its outstanding share capital. The repurchased shares would be available for issuance under the company?s equity incentive plans and for other general corporate purposes.
The program will continue through December 31, 2024.
Byline Bancorp, Inc. is a bank holding company. The Company conducts all its business activities through its subsidiary, Byline Bank, a full-service commercial bank, and Byline Bankâs subsidiaries. It offers a range of banking products and services to small and medium-sized businesses, commercial real estate and financial sponsors and to consumers who generally live or work near its branches. It also offers online account opening to consumer and business customers through its Website and provides trust and wealth management services to its customers. In addition to its traditional commercial banking business, it provides small ticket equipment leasing solutions through Byline Financial Group, a wholly owned subsidiary of Byline Bank. It offers a range of commercial loan, deposit and treasury management products. Its primary commercial lending groups include commercial and industrial, commercial real estate, sponsor finance, commercial deposits and treasury management and others.
BYLINE BANCORP, INC. 
