Riverview adopts stock repurchase program

Riverview Bancorp, Inc., headquartered in Vancouver, the holding company parent of Riverview Community Bank, today announced that its Board of Directors has adopted a stock repurchase program.  Under this repurchase program, the Company may repurchase up to 500,000 shares of the Company’s outstanding shares, in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on March 12, 2020, continuing until the earlier of the completion of the repurchase or the next six months, depending upon market conditions.