CVB Financial Corp. Announces Authorization of 15 Million Share Repurchase Plan

CVB Financial Corp. announced that its Board of Directors has authorized a new share repurchase program, allowing the company to buy back up to 15,000,000 shares of its common stock. This program, effective June 15, 2026, replaces the previous 2024 program, under which 5,678,223 shares were still available. The new program allows for repurchases through Rule 10b5-1 plans, open market purchases, or private transactions and will terminate upon the repurchase of all authorized shares or five years from the authorization date. The company stated that this decision reflects its strong capital position, consistent earnings, and commitment to long-term shareholder value.