Bank OZK Authorizes New $200 Million Share Repurchase Program

The regional bank, headquartered in Little Rock, Arkansas, concluded its prior buyback initiative as the new mandate begins. Under the retiring plan, the firm purchased approximately 3.9 million shares at an average price of $45.34 each, totaling roughly $177 million in market activity.

With a footprint spanning 265 offices across nine states, the lender maintains a significant regional presence. As of March 31, the bank reported total assets of $41.7 billion, positioning this new $200 million allocation as a measured step in its ongoing capital management policy.