04:09 AM EDT, 06/05/2025 (MT Newswires) -- Cathay General Bancorp ( CATY ) said Wednesday its board has authorized a new share repurchase program of up to $150 million of its common shares.

The previous buyback plan of $125 million was completed on Feb. 28.

Repurchases under the new buyback plan can be made from time to time in the open market or in privately negotiated transactions.