 CORAL GABLES, Fla., March 10, 2021 GLOBE NEWSWIRE -- Amerant Bancorp Inc. NASDAQ: AMTB and AMTBB the Company or Amerant today announced that on March 10, 2021, the Companys Board of Directors the Board authorized a new share repurchase program the Repurchase Program authorizing the Company to purchase, from time to time, up to an aggregate amount of 40 million of its shares of Class B common stock the Class B Stock. Repurchases under the Repurchase Program may be made in the open market, by block purchase, in privately negotiated transactions or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended the Exchange Act. 