{"id":394642,"date":"2020-12-07T13:58:13","date_gmt":"2020-12-07T18:58:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=394642"},"modified":"2020-12-07T13:58:13","modified_gmt":"2020-12-07T18:58:13","slug":"lewis-clark-bancorp-announces-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lewis-clark-bancorp-announces-share-repurchase-program\/","title":{"rendered":"Lewis &amp; Clark Bancorp Announces Share Repurchase Program"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Lewis &amp; Clark Bancorp Announces Share Repurchase Program<\/b><\/p>\n<p>OREGON CITY, Ore.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nLewis &amp; Clark Bancorp (the \u201cCompany\u201d) (OTC Pink: LWCL) today announced that its Board of Directors (the \u201cBoard\u201d) authorized the repurchase of up to 110,000 shares of the Company\u2019s common stock under this share repurchase program (the \u201cProgram\u201d).\n<\/p>\n<p>\nPurchases under the Program will be made on the open market or in block trades through broker-dealers or market makers selected by the Company\u2019s management and in compliance with applicable rules of the Securities and Exchange Commission. The Program will be implemented over a period of twelve months beginning as of the date of this announcement.\n<\/p>\n<p>\nThe Company has no obligation to repurchase shares and the timing, actual number, and value of shares to be repurchased is subject to management\u2019s discretion and will depend on the Company\u2019s stock price, its capital position, and other market conditions. The Company may, at the sole discretion of the Board, extend or terminate the Program at any time while it is in effect.\n<\/p>\n<p><b>About Lewis &amp; Clark Bancorp<\/b><\/p>\n<p>\nHeadquartered in Oregon City, Oregon, Lewis &amp; Clark Bancorp is the holding company for Lewis &amp; Clark Bank, a state-chartered full-service commercial bank. Partnering with people and businesses throughout Oregon and SW Washington, the Bank believes that being an integral part of the community it serves, helps promote both growth and success.\n<\/p>\n<p>\nFor more information about Lewis &amp; Clark Bank, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.lewisandclarkbank.com&amp;esheet=52344149&amp;newsitemid=20201207005867&amp;lan=en-US&amp;anchor=www.lewisandclarkbank.com&amp;index=1&amp;md5=fcf71c2feae854ec38ee814e74a743ba\">www.lewisandclarkbank.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201207005867r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201207005867\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201207005867\/en\/<\/a><\/span><\/p>\n<p>\nJeffrey Sumpter \u2013 President and Chief Executive Officer<br \/>\n<br \/>Phone: (503) 212-3107\n<\/p>\n<p>\nJohn Lende \u2013 Executive Vice President and Chief Financial Officer<br \/>\n<br \/>Phone: (503) 212-3141\n<\/p>\n<p><b>KEYWORDS:<\/b> Oregon United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201207005867\/en\/844172\/3\/Logo_Main_Vector-01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Lewis &amp; Clark Bancorp Announces Share Repurchase Program OREGON CITY, Ore.&#8211;(BUSINESS WIRE)&#8211; Lewis &amp; Clark Bancorp (the \u201cCompany\u201d) (OTC Pink: LWCL) today announced that its Board of Directors (the \u201cBoard\u201d) authorized the repurchase of up to 110,000 shares of the Company\u2019s common stock under this share repurchase program (the \u201cProgram\u201d). Purchases under the Program will be made on the open market or in block trades through broker-dealers or market makers selected by the Company\u2019s management and in compliance with applicable rules of the Securities and Exchange Commission. The Program will be implemented over a period of twelve months beginning as of the date of this announcement. The Company has no obligation to repurchase shares and the timing, actual number, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lewis-clark-bancorp-announces-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lewis &amp; Clark Bancorp Announces Share Repurchase Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-394642","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lewis &amp; Clark Bancorp Announces Share Repurchase Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lewis-clark-bancorp-announces-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lewis &amp; Clark Bancorp Announces Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Lewis &amp; Clark Bancorp Announces Share Repurchase Program OREGON CITY, Ore.&#8211;(BUSINESS WIRE)&#8211; Lewis &amp; Clark Bancorp (the \u201cCompany\u201d) (OTC Pink: LWCL) today announced that its Board of Directors (the \u201cBoard\u201d) authorized the repurchase of up to 110,000 shares of the Company\u2019s common stock under this share repurchase program (the \u201cProgram\u201d). Purchases under the Program will be made on the open market or in block trades through broker-dealers or market makers selected by the Company\u2019s management and in compliance with applicable rules of the Securities and Exchange Commission. The Program will be implemented over a period of twelve months beginning as of the date of this announcement. 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