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Red River Bank Approved For Stock Repurchase Program

Tuesday, September 01, 2020
Red River Bank Approved For Stock Repurchase Program

On Thursday, August 27th (Alexandria, LA) Red River Bancshares, Inc. (Nasdaq: RRBI) (the “Company”) announced that its Board of Directors (the “Board”) approved a stock repurchase program. The program sanctions the Company to purchase up to $3 million of outstanding shares of common stock through August 27, 2021. To see the original release and complete details of the repurchase program, click here.

 

ABOUT

Red River Bancshares, Inc. is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of commercial and retail customers. Red River Bank operates from a network of 25 banking centers throughout Louisiana. With more than six locations throughout the Shreveport-Bossier market, Uptown Shopping Center is home to the South Shreveport location. Banking centers are located in the following Louisiana markets: Central Louisiana, which includes the Alexandria metropolitan statistical area (“MSA”); Northwest Louisiana, which includes the Shreveport-Bossier City MSA; Southeast Louisiana, which includes the Baton Rouge MSA; Southwest Louisiana, which includes the Lake Charles MSA; and the Northshore, which includes Covington.