The repurchase program is expected to begin on or about February 5, 2026, following the conclusion of Alpine's exchange offer of Class B voting common stock for Class A voting common stock, previously announced on December 2, 2025.
"The stock repurchase program reflects the confidence we have in our future. We believe that it's a smart way for us to create more value for our shareholders while also giving holders of Class B voting common stock more flexibility and liquidity," said Alpine Bank President and Vice Chairman Glen Jammaron. "At the end of the day, strengthening our company helps us to keep investing in our people, our customers and the communities we call home."
The stock repurchase program will expire on July 31, 2026, unless terminated or completed earlier by Alpine. The timing and amounts of any repurchases will depend on certain factors, including but not limited to, market conditions and prices, available funds, regulatory requirements, alternative uses of capital and Alpine's financial performance. The stock repurchase program may be carried out through open-market purchases, block trades, negotiated private transactions and pursuant to a trading plan that will be adopted in accordance with Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934.
The Company may, in its ...
