Tonix Pharmaceuticals stock halted ahead of FDA approval news
Scott Trager, Vice Chairman of Republic Bancorp Inc. (NASDAQ:RBCAA), recently acquired additional shares in the company. The bank, currently valued at $1.3 billion, maintains a "GOOD" financial health rating according to InvestingPro analysis. According to a recent SEC filing, Trager purchased 436.511 shares of Class A Common Stock at a price of $68.73 per share. This transaction, completed on June 2, 2025, amounts to a total value of $30,001. The company trades at an attractive P/E ratio of 11.3x and has maintained dividend payments for 28 consecutive years, with a current yield of 2.6%. InvestingPro analysis suggests the stock is currently undervalued. Following this acquisition, Trager holds a significant number of shares across various ownership structures, including direct ownership and interests in family partnerships and trusts. For detailed insider ownership analysis and 7 additional key insights about RBCAA, visit InvestingPro.
In other recent news, Republic Bancorp announced the results of its Annual Meeting of Shareholders, which included several key decisions. The shareholders elected 15 directors to the company’s Board of Directors, with all nominees confirmed to serve until the 2026 annual meeting. Additionally, the shareholders approved the executive compensation plan, with a majority voting in favor. The 2025 Stock Incentive Plan also received approval, with a significant number of votes supporting the initiative. The appointment of Forvis Mazars, LLP as the independent auditor for the fiscal year ending December 31, 2025, was ratified with overwhelming support. These developments reflect Republic Bancorp’s ongoing governance and compensation strategies. The company’s SEC filing served as the source for this information. The press release did not provide details about the percentage increase in core earnings or the stock repurchase program mentioned in the header of the SEC filing.
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