Redwood Capital Bancorp Launches Fourth Stock Repurchase Program for Up to 390,000 Shares
Redwood Capital Bancorp has announced the initiation of its fourth stock repurchase program, according to a statement released on Wednesday. The program will allow the company to buy back up to 390,000 shares of its common stock, representing approximately 10% of its outstanding shares as of March 31, 2026. This decision follows the completion of Redwood Capital’s third stock repurchase program earlier this year.
The company stated that the repurchases may occur periodically in open market transactions or through privately negotiated deals, depending on market conditions and other factors. The timing and amount of any buybacks will be determined by Redwood Capital’s management team at their discretion. The announcement also noted that the program does not obligate the company to acquire any specific number of shares and can be suspended or discontinued at any time without prior notice.
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Date: April 1, 2026
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