California Bancorp expands share repurchase program by 1,600,000 shares
BCAL•California Bancorp’s board added authorization to repurchase 1,600,000 shares, about 5% of outstanding common stock. Approximately 557,315 shares remained available under the previous authorization as of November 3, 2026.
1. Repurchase authorization
California Bancorp’s board expanded its common stock repurchase program on November 5, 2026, adding authorization for 1,600,000 shares, approximately 5% of outstanding common stock. About 557,315 shares remained available under the existing authorization as of November 3; the program has no expiration date, and repurchases will be funded through working capital and operating cash flow.
