09:37 AM EDT, 03/18/2025 (MT Newswires) -- Preferred Bank ( PFBC ) said Tuesday it has received regulatory approval to continue its $150 million stock buyback plan.

The bank said it has so far repurchased $84.3 million of its common stock but regulatory approval expired in January.

The shareholder and regulatory approvals for the remaining $65.7 million of common stock will expire in May, the bank said.

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