Item 8.01 Other Events.
On January 31, 2022, the Board of Directors of CVB Financial Corp. (the
"Company"), the holding company for Citizens Business Bank, authorized the
Company to repurchase up to 10,000,000 shares of the Company's common stock (the
"2022 Repurchase Program"), including by means of (i) an initial accelerated
share repurchase involving $70,000,000 of the Company's common stock and
(ii) one or more Rule 10b5-1 plans or other appropriate buy-back arrangements,
including open market purchases and private transactions. This 2022 Repurchase
Program replaces in its entirety the Company's previous 2016 share repurchase
program under which 4,194,809 shares remained available for repurchase.
A copy of the press release relating to the 2022 Repurchase Program, dated
February 1, 2022, is included as Exhibit 99.1 hereto and is hereby incorporated
by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated February 1, 2022.
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document)
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