American River Bankshares (AMRB) said Friday that the Board of Directors has approved and authorized a modification to its stock repurchase program for 2012 to authorize the repurchase during 2012 of up to 6% of the outstanding shares of the company's common stock, up from the previous amount of 5% of the outstanding shares.
The 2012 plan announced on January 26 authorized the repurchase of about 494,500 shares based on the about 9.9 million shares outstanding as of January 26. The modification of the 2012 program increased the number of shares authorized for repurchase from about 494,500 to about 593,500 shares.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.