Business First Bancshares approves new $30M buyback program

What happened: Business First Bancshares (BFST) approved a new stock repurchase program authorizing up to $30M in common stock buybacks over 24 months through October 28, 2028. Key numbers: $30M authorization; 24-month term through October 28, 2028; board approval on October 29; previous $30M program had about $12.4M remaining. Why it matters: The new authorization replaces the prior $30M program, resetting the full buyback capacity rather than the roughly $12.4M that remained available under it.

Business First Bancshares (BFST) approved a new stock repurchase program authorizing up to $30M in common stock buybacks over 24 months through October 28, 2028.

The new authorization replaces the prior $30M program, resetting the full buyback capacity rather than the roughly $12.4M that remained available under it.