Tranche Update on BankUnited, Inc.'s Equity Buyback Plan announced on October 24, 2018.
January 23, 2019 at 11:49 am
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From October 24, 2018 to December 31, 2018, the company has repurchased 4,666,031 shares, representing 4.5% for $150 million. With this, the company has completed the repurchase of 4,666,031 shares, representing 4.5% for $150 million under the buyback announced on October 24, 2018.
BankUnited, Inc. is a bank holding company of BankUnited (the Bank). The Bank provides a full range of commercial lending and both commercial and consumer deposit services through banking centers located in Florida, the New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. The Bankâs lending and leasing products include commercial loans, commercial real estate loans, residential mortgages and other consumer loans. It offers traditional deposit products, including commercial and consumer checking accounts, money market deposit accounts, savings accounts and certificates of deposit with a variety of terms and rates, as well as a robust suite of treasury, commercial payments and cash management services. The Bank provides certain commercial lending and deposit products through national platforms and certain consumer deposit products through an online channel.
BANKUNITED, INC. 
