Red River Bancshares (RRBI) Amends Share Repurchase Program

Red River Bancshares Inc. (RRBI) announced that it has entered into a private stock repurchase agreement with two of its shareholders for $3 million as of Aug 8, 2024. This move lowered its repurchase program availability by the same amount. Per the agreement, the company is set to repurchase 60,000 shares for$3 million, signifying a discount to the 10, 20 and 30-day volume weighted average price on Jul 31, 2024. RRBI has amended its $5 million program, which was approved in December 2023, in light of this ...