Customers Bancorp Announces Common Stock Repurchase Plan Of Up To 497,509 Shares Of Its Outstanding Common Stock Over A 1-Year Period

On June 26, 2024, the Board of Directors of Customers Bancorp, Inc. (NYSE:CUBI), the holding company for Customers Bank, authorized a new common stock repurchase plan, providing the company the option to purchase up to 497,509 shares of its outstanding common stock over a one-year period.

The company's previous common stock repurchase plan, authorized on August 25, 2021, subsequently expired on September 27, 2023. At expiration, the previously authorized plan had 497,509 shares that had not been repurchased.