Ameris Bancorp Common Stock: Regular Trading Hours and Treasury Stock Explained

Are you considering investing in Ameris Bancorp Common Stock? Understanding the regular trading hours and the concept of treasury stock is crucial for making informed decisions. In this article, we delve into these aspects to help you navigate the investment landscape effectively.

Understanding Ameris Bancorp Common Stock

Ameris Bancorp, a financial holding company, operates through its banking subsidiary, Ameris Bank. The company offers a range of banking services, including commercial banking, retail banking, and wealth management. Ameris Bancorp Common Stock represents ownership in the company and gives shareholders voting rights and the potential to receive dividends.

Regular Trading Hours

The regular trading hours for Ameris Bancorp Common Stock are crucial for investors to know. The primary stock exchanges where Ameris Bancorp Common Stock is traded are the New York Stock Exchange (NYSE) and the NASDAQ. The regular trading hours for these exchanges are:

• NYSE: 9:30 AM to 4:00 PM Eastern Time (ET)
• NASDAQ: 9:30 AM to 4:00 PM ET

It's important to note that these hours are subject to change due to holidays or special circumstances. Additionally, after-hours trading, also known as extended hours trading, is available for investors who wish to trade outside of regular trading hours. However, it's essential to be cautious when participating in after-hours trading, as it can be more volatile and less liquid.

Treasury Stock: What You Need to Know

Treasury stock refers to shares of a company's own stock that it has repurchased from shareholders. These shares are held by the company and are not considered outstanding. There are several reasons why a company might repurchase its own stock, including:

• Enhancing Earnings Per Share (EPS): By reducing the number of outstanding shares, the company can increase its EPS, which can positively impact the stock price.
• Stock Repurchase Programs: Companies may offer stock repurchase programs to return capital to shareholders or to increase the value of remaining shares.
• Strategic Decisions: In some cases, companies may repurchase stock to prevent a hostile takeover or to retain key employees.

It's important to understand that treasury stock does not affect the company's total assets or liabilities. However, it can impact the company's financial ratios and market capitalization.

Case Study: Ameris Bancorp's Stock Repurchase

In 2020, Ameris Bancorp announced a stock repurchase program to repurchase up to $150 million of its common stock. The company aimed to enhance its EPS and return capital to shareholders. As a result of the stock repurchase, Ameris Bancorp's EPS increased, and the stock price appreciated.

By understanding the regular trading hours and the concept of treasury stock, investors can make more informed decisions when considering Ameris Bancorp Common Stock. Always do your research and consult with a financial advisor before making any investment decisions.