Central Valley Community Bancorp announces share repurchase plan

theflyonthewall.com

The Board of Directors of Central Valley Community Bancorp (CVCY), the parent company of Central Valley Community Bank, approved the adoption of a program to effect repurchases of the company's common stock. Under the program, the company may repurchase up to five percent of the company's outstanding shares of common stock, or approximately 479,850 shares based on the 9,597,066 shares outstanding as of August 15, for a period beginning on August 15 and ending February 15, 2013.

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