BUZZ-Western Alliance Bancorporation rises after unveiling $300 million share repurchase program
Regional lender Western Alliance Bancorporation’sshares rise 2.5% to $90.69 WAL late Friday announced $300 million share repurchase programShares may be purchased through open market or private transactions and through block tradesWAL has 110.4 million shares outstanding for $9.8 billion market cap14 of 15 brokerages rate the stock “buy” or higher and 1 “hold”; median PT $99 - data compiled by LSEGAs of last close, WAL stock up 5.9% YTD
Regional lender Western Alliance Bancorporation’s (WAL.N) shares rise 2.5% to $90.69 WAL late Friday announced $300 million share repurchase program
Shares may be purchased through open market or private transactions and through block trades
WAL has 110.4 million shares outstanding for $9.8 billion market cap
14 of 15 brokerages rate the stock “buy” or higher and 1 “hold”; median PT $99 - data compiled by LSEG
As of last close, WAL stock up 5.9% YTD
