Riverside, California, January 2, 2025 (Globe Newswire) – Provident Financial Holdings (Nasdaq :), Inc. (Company), Nasdaq GS: Prov, Holding Society for the Provident Savings Bank, FSB, today announced that the Board of Directors of the Company has approved a re -purchase up to five percent (5%) joint shares of the shares company, approximately 334,773 shares. Starting on January 24, 2025, the company will buy shares from time to open market or through privately agreed transactions during one -year period, depending on market conditions, capital requirements of the company and the available money, which can be awarded to the share of shares, among other things. In addition, the September 2023 shares redemption program, which was extended on September 26, 2024. It is canceled from January 24, 2025. There are 21,691 remaining shares that fulfill the conditions for redemption in September 2023. .
Safe port statement
Certain questions in this statement for the public may represent statements related to the future within the meaning of the Law on Reforms of Court Procedures Against Private Securities of 1995. These statements related to the future may relate to, among other things, to the expectations of a business environment in which society It operates, projections have been made by the future impact, the opportunities in the market, potentially future credit experience and statements on the mission and vision of society. These statements related to the future are based on current administration expectations and may therefore include risks and uncertainty. The actual results, effects or achievements of society may be significantly different from those proposed, expressed or implied in statements related to the future as a result of a wide range of factors including, but not limiting, general business environment, interest rate, real estate market in California, Competitive conditions between banks and non-banking financial services providers, regulatory changes and other risks detailed in the reports of the Company Submitted Commission for Securities and Stock Exchange, including an annual report on the 10 -K Fiscal Year Form, which ended on June 30, 2024.
Contacts:
Donavon P. Ternes
President i
CEO
TAM B. NGUYEN
Senior Vice President and
Main Financial Director
(951) 686-6060
Source: Provident Financial Holdings, Inc.
