{"id":954478,"date":"2026-04-23T17:34:21","date_gmt":"2026-04-23T21:34:21","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cathay-general-bancorp-adopts-new-share-repurchase-program-3\/"},"modified":"2026-04-23T17:34:21","modified_gmt":"2026-04-23T21:34:21","slug":"cathay-general-bancorp-adopts-new-share-repurchase-program-3","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cathay-general-bancorp-adopts-new-share-repurchase-program-3\/","title":{"rendered":"Cathay General Bancorp Adopts New Share Repurchase Program"},"content":{"rendered":"

<\/p>\n

Cathay General Bancorp Adopts New Share Repurchase Program<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–
\nCathay General Bancorp (the \u201cCompany\u201d, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company\u2019s common stock. The previous $150,000,000 share repurchase program announced on June 4, 2025, was completed on February 4, 2026, with the repurchase of 3,217,481 shares at an average cost of $46.62.<\/p>\n

\nThe share repurchases may be made from time to time on the open market or in privately negotiated transactions. The timing, price and volume of the share repurchases will be determined by the Company\u2019s management based on its evaluation of market conditions, relevant securities laws and other factors. Repurchases may also be made under a Rule 10b5-1 plan, which if adopted would allow stock repurchases when the Company might otherwise be precluded from doing so under insider trading laws. The share repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. As of the date of this release, the Company has approximately 67,056,307 shares of common stock outstanding.<\/p>\n

\nABOUT CATHAY GENERAL BANCORP<\/p>\n

\nCathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a state-chartered bank. Cathay General Bancorp\u2019s website is at www.cathaygeneralbancorp.com<\/a>. Founded in 1962, Cathay Bank offers a wide range of financial services and currently operates over 60 branches across the nation in California, New York, Washington, Texas, Illinois, Massachusetts, Maryland, Nevada, and New Jersey. Overseas, it has a branch in Hong Kong, and a representative office in Beijing, Shanghai, and Taipei. To learn more about Cathay Bank, please visit www.cathaybank.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260423186400\/en\/<\/a><\/span><\/p>\n

\nAlbert J. Wang
\n
(626) 279-3695<\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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Cathay General Bancorp Adopts New Share Repurchase Program LOS ANGELES–(BUSINESS WIRE)– Cathay General Bancorp (the \u201cCompany\u201d, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company\u2019s common stock. The previous $150,000,000 share repurchase program announced on June 4, 2025, was completed on February 4, 2026, with the repurchase of 3,217,481 shares at an average cost of $46.62. The share repurchases may be made from time to time on the open market or in privately negotiated transactions. The timing, price and volume of the share repurchases will be determined by the Company\u2019s management based on its evaluation of market … <\/p>\n

Continue reading “Cathay General Bancorp Adopts New Share Repurchase Program”<\/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-954478","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCathay General Bancorp Adopts New 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\/cathay-general-bancorp-adopts-new-share-repurchase-program-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cathay General Bancorp Adopts New Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cathay General Bancorp Adopts New Share Repurchase Program LOS ANGELES–(BUSINESS WIRE)– Cathay General Bancorp (the \u201cCompany\u201d, Nasdaq: CATY), the holding company for Cathay Bank, announced that its Board of Directors has adopted a new share repurchase program authorizing the Company to repurchase up to $150,000,000 of the Company\u2019s common stock. The previous $150,000,000 share repurchase program announced on June 4, 2025, was completed on February 4, 2026, with the repurchase of 3,217,481 shares at an average cost of $46.62. The share repurchases may be made from time to time on the open market or in privately negotiated transactions. 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