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5/27/20 5:22 pm EDT
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that the Corporation has completed its $500 million accelerated share repurchase transaction (“ASR”) for 2020 with respect to its common stock. As previously disclosed, on March 19, 2020 (the “early termination date”), the dealer counterparty to the ASR exercised its right under the ASR agreement to terminate the transaction because the trading price of the Corporation’s common stock fell below a specified level duemore...
5/12/20 11:48 am EDT
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular, Inc. (NASDAQ: BPOP) announced today that its Board of Directors has approved a quarterly cash dividend of $0.40 per share on its outstanding common stock. The dividend will be payable on July 1, 2020 to shareholders of record at the close of business on June 2, 2020. About Popular, Inc. Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holdingmore...
5/7/20 10:59 am EDT
As part of its social commitment to Puerto Rico and in response to the public health emergency caused by COVID-19, Popular recently donated $1 million to entities whose priorities include the acquisition of medical equipment and care of the homeless, as well as support for small and medium-sized companies and scientific research. Similarly, funds have been allocated to purchase face masks and face protectors."Aware of the difficult situation we are going through, we have identified areas thatmore...
5/5/20 4:50 pm EDT
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Popular announced today that, as of May 1, it had processed $1.2 billion in loans in the two rounds of the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). These loans benefit 16,397 small and medium-sized businesses that employ more than 235,000 people. Of the total, $1.06 billion were granted through Banco Popular de Puerto Rico and $185 million through Popular Bank, Popular's banking subsidiary in the United States. Themore...

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