National Bank Holdings Announces New Buyback Program

(RTTNews) - National Bank Holdings Corp. (NBHC) said Tuesday its Board has authorized a new program to repurchase up to $35 million of its common stock through December 31, 2014.

The company completed its previously authorized stock repurchase program in November 2013, repurchasing $21.3 million of its common stock at a weighted average price of $18.51 per share and replacing the remaining buyback authorization of $3.7 million with the new program.

In addition, since September 2013 and prior to implementing its new repurchase program, the company repurchased an aggregate of about 5.8 million shares of its common stock.