On October 22, 2026, Provident Financial Holdings, Inc. announced that its Board of Directors has authorized a new stock repurchase plan. Under this authorization, the company is permitted to repurchase up to five percent of its outstanding common stock, which represents approximately 305,477 shares.
The company stated that this new plan will not commence until the January 2026 stock repurchase plan has been fully executed or has expired. As of the announcement, there were approximately 21,674 shares remaining available for purchase under the previous plan.
Provident Financial indicated that the repurchases will be conducted from time to time in the open market or through privately negotiated transactions. The timing and size of the repurchases will be determined based on market conditions, the company’s capital requirements, and the amount of available cash that can be allocated to the program. The new authorization is valid for a one-year period.
