Carter Bankshares board authorizes share buybacks of up to $10 million
CARE•Carter Bankshares authorized a common stock repurchase program of up to $10 million on November 9, 2026. The program requires non-objection from the Federal Reserve Bank of Richmond, and purchases may run for 12 months after approval is received.
1. Repurchase program
Carter Bankshares announced that its board authorized a common stock repurchase program of up to $10 million. The program requires Federal Reserve Bank of Richmond non-objection; once received, purchases are authorized for 12 months and may be made through open-market or privately negotiated transactions.
