SIERRA BANC.

At Sierra Bancorp’s annual meeting, shareholders representing 82.69% of shares outstanding voted in favor of all proposals presented. Five Class I directors were re-elected (yes votes between 94.38% and 96.66%), Forvis Mazars was confirmed as the independent auditor, and executive compensation was approved in an advisory vote. The board announced a quarterly cash dividend of $0.26 per share. The company also terminated the employment of William J. Wade II as part of an organizational realignment; he was offered a severance payment equivalent to twelve months’ salary, subject to a separation agreement. » Więcej na de.investing.com

Sierra Bancorp announced that Cindy Dabney will retire effective January 5, 2026, and relinquish her role as principal accounting officer. After her departure, executive vice president and CFO Christopher Treece will assume the position, with no change to his compensation. The disclosure was made in an SEC filing; the company also reported Q3-2025 results, initiated a new share repurchase program of up to one million shares, and suspended the prior buyback program. » Więcej na de.investing.com

Sierra Bancorp said its board approved a new stock buyback program for up to one million common shares for the period Oct. 31, 2025, to Oct. 31, 2026; the previous program has expired. The stock rose 7.2% in premarket trading. Management may use a 10b5‑1 plan to execute repurchases. The company also approved a quarterly cash dividend of $0.25 per share, payable Nov. 14, 2025, to shareholders of record on Nov. 3, 2025; this is the 107th consecutive quarterly dividend. » Więcej na de.investing.com