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Bank of New York Mellon Invests $13.55M in Third Coast Bancshares; Buyback Starts

Third Coast Bancshares logoThird Coast Bancshares
Sig2.72Sen+1.95Env0.00Soc0.00Gov+1.05

AQR Capital Management increased its Third Coast Bancshares stake by 21.7% in the first quarter, while Millennium Management and Empowered Funds also added shares. Third Coast Bancshares’ board initiated a share buyback plan allowing up to $30.00 million of repurchases, up to 4.5% of stock via open market purchases. The stock fell 1.7%.

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