Short answer
ALERUS FINANCIAL CORP (ALRS) filed an 8-K current report with the SEC on August 27, 2026 reporting Item 8.01 (Other Events). Quarterly cash dividend $0.22 per share, payable October 9, 2026, to shareholders of record September 25, 2026.
ALERUS FINANCIAL CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Quarterly cash dividend $0.22 per share, payable October 9, 2026, to shareholders of record September 25, 2026
- New repurchase authorization for up to 1,250,000 shares, potentially reducing shares outstanding and supporting per-share metrics
- Prior program has approximately 320,033 shares remaining, with scheduled expiration February 18, 2027
- New program activates at the Transition Date and expires August 26, 2029
- Repurchases remain discretionary, dependent on market conditions, regulatory requirements, and available funds
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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