Short answer
PARKE BANCORP, INC. (PKBK) filed an 8-K current report with the SEC on May 22, 2026 reporting Item 8.01 (Other Events). Board authorization to repurchase up to 5% of common stock over the next 12 months.
PARKE BANCORP, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Board authorization to repurchase up to 5% of common stock over the next 12 months
- Potentially supports per-share value and signals management views shares as attractively priced
- Actual buybacks dependent on market price, regulatory requirements, and corporate conditions
- Program may reduce share count and deploy excess capital, though authorization does not guarantee purchases
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other PARKE BANCORP, INC. 8-K filings
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