Great Western Bancorp, Inc. Announces Amendment to Stock Repurchase Program

SIOUX FALLS, S.D.--(BUSINESS WIRE)--Great Western Bancorp, Inc. (the “Company”) (NYSE:GWB), the parent company of Great Western Bank (www.greatwesternbank.com), announced today that the Board of Directors has approved an amendment to the stock repurchase program originally approved on October 26, 2016, which authorized the Company to repurchase up to $100 million of its common stock. To date, the Company has repurchased approximately $100 million of its common stock under the program. Under the amendment, the Company may repurchase up to an additional $75 million of its common stock. The repurchase program permits shares to be repurchased in open market, including pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.