Tranche Update on Veritex Holdings, Inc.'s Equity Buyback Plan announced on January 28, 2019.
January 27, 2021 at 03:32 am IST
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From October 1, 2020 to December 31, 2020, the company has repurchased 347,428 shares, representing 0.7% for $8.52 million. With this, the company has completed the repurchase of 6,152,350 shares, representing 12.48% for $152.67 million under the buyback announced on January 28, 2019.
Veritex Holdings, Inc. is a bank holding company. The Company conducts banking activities through its wholly owned subsidiary, Veritex Community Bank (the Bank), a Texas state bank, which provides a full range of banking services, including commercial and retail lending and checking and savings deposit products, to individual and corporate customers. It operates through the community banking segment. The Bank provides relationship-driven commercial banking products and services tailored to meet the needs of small to medium-sized businesses and professionals. It offers online banking solutions, including access to account balances, online transfers, online bill payment and electronic delivery of customer statements, as well as ATMs, and mobile and digital banking, mail and personal appointments. It also offers debit cards, night depository, direct deposit, cashierâs checks and letters of credit. It also offers a full array of commercial treasury management services.