Presidio Bank repurchases $4.08 million of perpetual preferred stock

By Tali David

Minneapolis, Dec. 3 - Presidio Bank repurchased 4,256 of its series A perpetual preferred stock from a private investment fund, according to a press release.

The purchase price was $957.50 per $1,000 par value shares, resulting in an aggregate purchase price of $4,075,120.

The bank is based in San Francisco.

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