1. RRBI's board approved a $10 million stock repurchase program for 2026. 2. Increased repurchase program aims to maximize shareholder value and confidence. 3. Purchases may occur in open market or via private transactions. 4. RRBI operates 28 banking centers, enhancing its market presence in Louisiana. 5. Forward-looking statements caution about risks and uncertainties affecting future performance.
FAQ
Why Bullish?
Stock repurchase programs typically signal management's confidence, potentially driving up share price. Historical cases show prices increase following similar announcements.
How important is it?
Stock repurchase programs often lead to positive sentiment and price increases, indicating investor confidence.
Why Short Term?
Immediate market responses to stock buybacks often occur, influencing short-term price movements. However, the full effect may unfold over time.
Red River Bancshares, Inc. (RRBI) Announces Renewal and Increase of Stock Repurchase Program
ALEXANDRIA, La., December 18, 2025 (GLOBE NEWSWIRE) — Red River Bancshares, Inc. (Nasdaq: RRBI) has announced a significant step towards enhancing shareholder value with the renewal and increase of its stock repurchase program. This updated initiative, which will be effective from January 1, 2026, through December 31, 2026, allows the company to repurchase up to $10.0 million of its outstanding common stock.
Details of the Stock Repurchase Program
The board of directors at Red River Bancshares approved this renewed repurchase program on December 18, 2025. Under the new plan, the company may buy back shares in the open market at prevailing prices or in privately negotiated transactions, depending on market conditions.
Blake Chatelain, President and CEO of Red River Bancshares, expressed satisfaction with the program, stating, “We are pleased to renew and increase our stock repurchase program for 2026. We are committed to having capital management tools in place that allow the Company to maximize shareholder value.”
About Red River Bancshares, Inc.
Red River Bancshares is the bank holding company for Red River Bank, a Louisiana state-chartered bank established in 1999. The bank offers a comprehensive array of banking services tailored to meet the needs of both commercial and retail customers. Red River Bank operates 28 banking centers across Louisiana and has two additional loan and deposit production offices located in New Orleans and Lafayette.
- Established: 1999
- Banking Centers: 28 across Louisiana
- Offices: New Orleans and Lafayette, LA
- Key Markets: Alexandria, Shreveport, Baton Rouge, Lake Charles, Covington, Lafayette, and New Orleans
Forward-Looking Statements
This announcement may include forward-looking statements that are subject to various risks and uncertainties. Elements related to the timing, manner, amount, and impact of future stock purchases under the repurchase program may lead to outcomes that differ from anticipated results.
Red River Bancshares encourages investors to consider these risks and review relevant sections in the company’s recent filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K and subsequent quarterly reports.
Contact Information
For more details regarding the stock repurchase program or other inquiries, please contact:
Julia Callis
Executive Vice President, General Counsel, and Corporate Secretary
Phone: 318-561-4042
Email: julia.callis@redriverbank.net