BayCom Corp Announces Quarterly Dividend and Stock Repurchase Program
BayCom Corp (NASDAQ: BCML), the parent company of United Business Bank, recently made two significant announcements.The Board of Directors declared a quarterly cash dividend of $0.10 per share on the Company’s common stock, payable on July 11, 2024, to shareholders of record as of June 13, 2024.Additionally, the Board approved the Company’s ninth stock repurchase program.
Over the past 5 trading days, BayCom Corp shares have shown a 0.44% improvement, but overall, the share price has decreased by 1.02% in the second quarter of 2024.Despite this, the shares are currently trading on the NASDAQ 2.4% above their 52-week average.
With these recent developments, BayCom Corp continues to show resilience and strength in the market, providing opportunities for shareholders and potential investors.
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