Westamerica Bancorporation (NASDAQ:WABC) to Repurchase $2.00 million in Outstanding Stock

Westamerica Bancorporation (NASDAQ:WABC) to Repurchase $2.00 million in Outstanding Stock

Westamerica Bancorporation (NASDAQ:WABC - Get Free Report) announced that its Board of Directors has initiated a stock repurchase plan on Thursday, December 18th, RTT News reports. The company plans to buyback $2.00 million in shares. This buyback authorization allows the financial services provider to buy up to 0.2% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believ…