Feb 02, 2026 (MarketLine via COMTEX) --
Plumas Bancorp said its board authorized a stock repurchase program allowing the company to buy up to $25 million of its outstanding common stock through the fourth quarter of 2026.
Plumas Bancorp (Nasdaq:PLBC) (the "Company"), the parent company of Plumas Bank, today announced that its Board of Directors has authorized a stock repurchase program under which the Company may repurchase up to $25 million of its outstanding common stock through the fourth quarter of 2026.
Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means in accordance with applicable securities laws. The actual timing, number, and value of shares repurchased will depend on a variety of factors, including market conditions, capital availability, and other corporate considerations.
"This repurchase program reflects our strong capital position, commitment to disciplined capital management and our confidence in the long-term outlook for the Company," said Andrew J. Ryback, President and Chief Executive Officer of Plumas Bancorp. "We remain focused on supporting our clients, maintaining regulatory capital requirements, and delivering long term shareholder value."
The Company intends to fund the repurchases using available cash and retained earnings. There is no guarantee as to pricing or the number of shares the Company may repurchase. The program may be suspended, modified, or discontinued at any time at the Company's discretion.
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COMTEX_473219533/2227/2026-02-09T16:46:05
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