Third Coast Bancshares Continues Share Repurchase Program
Third Coast Bancshares' Board of Directors has approved the continuation of its share repurchase program. The program allows the company to buy back up to $25 million of its stock.
HOUSTON, July 2, 2026 – Third Coast Bancshares, Inc. (NYSE and NYSE Texas: TCBX) announced today that its Board of Directors has approved the continuation of its share repurchase program.
The new program authorizes the company to purchase up to $25 million of its common stock in the open market or through other negotiated transactions. The program has a term of 12 months, expected to expire on July 1, 2027, or when the total value of repurchased shares reaches $25 million.
The company stated that repurchases will commence immediately. According to Third Coast Bancshares, the approval of the continued repurchase program reflects the company's confidence in its financial position and its capacity for long-term value creation.
Third Coast Bancshares is a Houston-based, federally chartered bank. The company offers full-service banking to individuals and businesses throughout Texas.