Bridgewater Bancshares Inc. Extends Stock Repurchase Program to Aug 2027

What Happened
Bridgewater Bancshares, Inc. (BWB) announced on Aug. 26, 2026 (via an 8-K) that its Board extended the expiration date of the company’s 2022 Stock Repurchase Program from Aug. 26, 2026 to Aug. 25, 2027. As of Aug. 25, 2026, the program had $12.4 million available under its repurchase authorization. The program allows repurchases in the open market or in privately negotiated transactions and may be executed under Rule 10b5-1 trading plans.

Key Details

• Extension approved by the Board on Aug. 25, 2026; new expiration date Aug. 25, 2027.
• $12.4 million remaining available to repurchase common stock as of Aug. 25, 2026.
• Repurchases may occur in the open market (in compliance with Rule 10b-18) or via privately negotiated transactions and 10b5-1 plans.
• The company may start, pause, or stop repurchases at its discretion; timing and amount depend on market, regulatory, and funding considerations.

Why It Matters
A refreshed buyback authorization gives Bridgewater flexibility to return capital to shareholders and potentially reduce outstanding shares, which can support earnings per share when shares are repurchased. The $12.4M remaining authorization defines the potential scale of buybacks over the next year, but actual repurchases are subject to management decisions, market conditions, and regulatory limits. Investors should view this as a capital-allocation option rather than a guaranteed cash usage plan.