RIVERVIEW BANCORP INC 8-K
Research Summary
AI-generated summary
Riverview Bancorp, Inc Announces $4.0M Share Repurchase Program
What Happened Riverview Bancorp, Inc (RVSB) announced on January 28, 2026 that its Board of Directors authorized a share repurchase program allowing the company to buy up to $4.0 million of its common stock. The company filed Form 8-K (Item 8.01) and attached a news release (Exhibit 99.1) announcing the program.
Key Details
- Board authorized repurchases of up to $4.0 million of common stock.
- Announcement dated January 28, 2026; disclosed in Form 8-K filed the same day.
- News release attached as Exhibit 99.1 to the filing.
- Filing does not specify timing, repurchase methods, maximum number of shares, or funding source.
Why It Matters A board-authorized repurchase gives the company flexibility to buy back shares, which can reduce outstanding share count and potentially affect metrics like earnings per share. Investors should note this is an authorization only — actual repurchases, timing, and amounts may vary and will be disclosed if and when shares are repurchased.