Banc of California, Inc. Extends $300 Million Stock Repurchase Program and Announces Intent to Redeem Outstanding Fixed-to-Floating Rate Subordinated Notes due 2031

LOS ANGELES–(BUSINESS WIRE)–Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that its Board of Directors approved an extension of the Company’s existing stock repurchase program, which was originally announced on March 17, 2025 and subsequently upsized from $150 million to $300 million on April 23, 2025. Since inception of the program, the Company has repurchased approximately $217 million of its common stock, $31 million of which was repurchased in 2026, leaving approxim

Original source: http://www.businesswire.com/news/home/20260323578923/en/Banc-of-California-Inc.-Extends-300-Million-Stock-Repurchase-Program-and-Announces-Intent-to-Redeem-Outstanding-Fixed-to-Floating-Rate-Subordinated-Notes-due-2031/?feedref=JjAwJuNHiystnCoBq_hl-bV7DTIYheT0D-1vT4_bKFzt_EW40VMdK6eG-WLfRGUE1fJraLPL1g6AeUGJlCTYs7Oafol48Kkc8KJgZoTHgMu0w8LYSbRdYOj2VdwnuKwa