RIVERSIDE, Calif., Sept. 26, 2024 (GLOBE NEWSWIRE) — Provident Monetary Holdings (NASDAQ:), Inc. (Firm), NASDAQ GS: PROV, the holding firm for Provident Financial savings Financial institution, F.S.B., right this moment introduced that the Firm’s Board of Administrators approved an extension of the September 28, 2023 Inventory Repurchase Plan (Plan) for a interval of 1 yr or till accomplished, whichever happens first. There are 99,968 shares at present accessible to be bought below the Plan. The Company will buy the shares sometimes within the open market or via privately negotiated transactions relying on market circumstances, the capital necessities of the Company, and accessible money that may be allotted to the inventory repurchase program, amongst different issues.

Protected-Harbor Assertion

Sure issues on this Information Launch could represent forward-looking statements inside the which means of the Personal Securities Litigation Reform Act of 1995. These forward-looking statements could relate to, amongst others, expectations of the enterprise atmosphere during which the Firm operates, projections of future efficiency, perceived alternatives available in the market, potential future credit score expertise, and statements relating to the Firm’s mission and imaginative and prescient. These forward-looking statements are primarily based upon present administration expectations, and will, due to this fact, contain dangers and uncertainties. The Firm’s precise outcomes, efficiency, or achievements could differ materially from these instructed, expressed, or implied by forward-looking statements because of a variety of things together with, however not restricted to, the final enterprise atmosphere, rates of interest, the California actual property market, aggressive circumstances between banks and non-bank monetary companies suppliers, regulatory adjustments, and different dangers detailed within the Firm’s studies filed with the Securities and Alternate Fee, together with its Annual Report on Type 10-Ok for the fiscal yr ended June 30, 2024.

Supply: Provident Monetary Holdings, Inc.