05:55 AM EST, 12/06/2024 (MT Newswires) -- Byline Bancorp ( BY ) said late Thursday its board approved a new program to repurchase up to about 1.3 million shares, or about 2.8% of its outstanding common stock.

The new program will be effective Jan. 1 and run until Dec. 31, the company said.

Shares of the company jumped more than 5% in premarket activity Friday.

Price: 32.97, Change: +1.78, Percent Change: +5.71