# Provident Financial Authorizes Buyback of Up to 5% of Shares

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/39315
Published: 2026-10-23T20:59:31.000Z
Updated: 2026-10-23T20:59:31.000Z
Section: Business

> The authorization covers about 305,477 shares and takes effect after the January 2026 repurchase plan is completed or expires.

Provident Financial Holdings, Inc. (PROV) approved a new authorization to repurchase as much as 5% of its common stock, setting a limit of approximately 305,477 shares.

The new plan takes effect after the January 2026 repurchase plan is completed or expires.

The timing and volume of purchases will depend on market conditions, capital requirements, available cash and other factors.