First BanCorp Launches Buyback, Raises Quarterly Dividend 25%
First BanCorp’s board approved a new stock repurchase program and a 25% increase in the quarterly dividend. Repurchases may be made through open-market purchases, ASRs or 10b5-1 plans and may be modified or suspended.
First BanCorp. said its board approved a new stock repurchase program and a 25% increase in the quarterly dividend. Repurchases may occur via open market, ASR, or 10b5-1 plans and can be modified or suspended.Material DetailsContext by AI AnalystThis is a continuation of capital return, suggesting…