Parke Bancorp launches 12-month buyback of up to 5% of common stock

Parke Bancorp, Inc.

Parke Bancorp, Inc.

PKBK

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  • Parke Bancorp launched a stock repurchase program authorizing buybacks of up to 5% of its common stock over the next 12 months.
  • Purchases are expected to be made in the open market under Rule 10b-18 limits.
  • The pace of repurchases will vary with the share price, regulatory requirements, corporate needs, and market conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parke Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605220830PR_NEWS_USPR_____PH65535) on May 22, 2026, and is solely responsible for the information contained therein.

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