Targeted repurchase

HarborOne Bancorp, Inc. Announces Share Repurchase Program

Retrieved on: 
Thursday, September 3, 2020
Banking, Other Professional Services, Professional services, Finance, Financial markets, Stock market, Finance, Financial economics, Equity securities, Corporate finance, Share repurchase, Bank holding company, Share, Stock, Buyback, Targeted repurchase

HarborOne Bancorp, Inc. (the Company) (NASDAQ: HONE) announced today that its Board of Directors has adopted a share repurchase program.

Key Points: 
  • HarborOne Bancorp, Inc. (the Company) (NASDAQ: HONE) announced today that its Board of Directors has adopted a share repurchase program.
  • Under the share repurchase program, which is subject to regulatory approval, the Company may repurchase up to 2,920,900 shares of the Companys common stock, or approximately 5% of the Companys current issued and outstanding shares.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.
  • The repurchase program may be suspended or terminated at any time without prior notice, and it will expire September 3, 2021.

Mid-Southern Bancorp, Inc. Announces Adoption of an Additional Stock Repurchase Program

Retrieved on: 
Monday, August 31, 2020
Financial markets, Finance, Corporate finance, Financial economics, Stock market, Equity securities, Share repurchase, Stock, Bank holding company, Common stock, Targeted repurchase, Buyback

SALEM, Ind., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (NASDAQ - MSVB) (Company), the holding company for Mid-Southern Savings Bank, FSB (Bank), announced today that the Companys Board of Directors has adopted an additional stock repurchase program.

Key Points: 
  • SALEM, Ind., Aug. 31, 2020 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (NASDAQ - MSVB) (Company), the holding company for Mid-Southern Savings Bank, FSB (Bank), announced today that the Companys Board of Directors has adopted an additional stock repurchase program.
  • Under the new repurchase program, the Company may repurchase an additional 162,000 shares of its common stock, or approximately 5% of the current outstanding shares.
  • The Company repurchased 136,670 shares of its outstanding common stock at an average price of $12.42 per share under the stock repurchase plan it adopted on May 27, 2020.
  • There are currently 34,330 shares remaining to be purchased under the previous stock repurchase plan in addition to the 162,000 shares approved by its Board of Directors.

Bancorp 34, Inc. Announces Voluntary NASDAQ Delisting, SEC Deregistration And Adoption Of Stock Repurchase Program

Retrieved on: 
Friday, August 14, 2020
Financial markets, Stock market, Financial economics, Finance, Corporate finance, Equity securities, Share repurchase, Stock, Repurchase agreement, Targeted repurchase, Treasury stock

In addition, the Company has adopted a stock repurchase program for a total purchase price not to exceed $600,000.

Key Points: 
  • In addition, the Company has adopted a stock repurchase program for a total purchase price not to exceed $600,000.
  • The Company expects the last trading day of its shares of common stock on the NASDAQ Capital Market will be on or about August 25, 2020.
  • Under the repurchase program, the Company may repurchase common stock for a total purchase cost not to exceed $600,000.
  • The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period.

Eagle Financial Bancorp, Inc. Announces Stock Repurchase Program and SEC Deregistration

Retrieved on: 
Wednesday, August 5, 2020
Banking, Professional services, Finance, Stock market, Finance, Financial economics, Corporate finance, Money, Share repurchase, Repurchase agreement, Stock, OTC Markets Group, Targeted repurchase

Eagle Financial Bancorp, Inc. (the Company) (OTCQB: EFBI), the holding company for Eagle Savings Bank, today announced that its Board of Directors has adopted a new stock repurchase program pursuant to which the Company may repurchase up to 78,673 shares of its common stock, or approximately 5.0% of the Companys outstanding shares.

Key Points: 
  • Eagle Financial Bancorp, Inc. (the Company) (OTCQB: EFBI), the holding company for Eagle Savings Bank, today announced that its Board of Directors has adopted a new stock repurchase program pursuant to which the Company may repurchase up to 78,673 shares of its common stock, or approximately 5.0% of the Companys outstanding shares.
  • Since announcing its first repurchase program in December 2018, the Company has repurchased 81,285 shares of its common stock at an average price of $15.90 per share.
  • We may continue to repurchase our common stock when we determine that it is an attractive use of capital.
  • A Form 15 will be filed with the Securities and Exchange Commission (the SEC) on or about August 6, 2020 in order to effect such deregistration.

Northeast Bank Announces Share Repurchase Program

Retrieved on: 
Wednesday, July 22, 2020
Stock market, Share repurchase, Repurchase agreement, Targeted repurchase, Buyback

The repurchase program does not obligate the Bank to purchase any particular number of shares.

Key Points: 
  • The repurchase program does not obligate the Bank to purchase any particular number of shares.
  • The repurchase program may be suspended or terminated at any time without prior notice, and it will expire July 21, 2021.
  • As of July 21, 2020, the Bank had 46,902 shares available to repurchase under its previously announced share repurchase plan, which will expire on October 21, 2020.
  • The previously announced share repurchase plan allowed for the Bank to repurchase up to 900,000 shares of its voting common stock.

Richmond Mutual Bancorporation, Inc. Announces Stock Repurchase Program

Retrieved on: 
Wednesday, July 8, 2020
Financial markets, Stock market, Finance, Financial economics, Corporate finance, Equity securities, Share repurchase, SEC Rule 10b5-1, Stock, Bank holding company, Repurchase agreement, Targeted repurchase

RICHMOND, Ind., July 8, 2020 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company"), the parent company of First Bank Richmond, today announced that its Board of Directors (the "Board") approved a stock repurchase program under which the Company may repurchase up to 676,331 shares or 5% of its outstanding shares through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Key Points: 
  • RICHMOND, Ind., July 8, 2020 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) (the "Company"), the parent company of First Bank Richmond, today announced that its Board of Directors (the "Board") approved a stock repurchase program under which the Company may repurchase up to 676,331 shares or 5% of its outstanding shares through open market purchases, privately-negotiated transactions, or otherwise in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
  • Kleer stated:"We believe that the repurchase of our shares represents an attractive investment opportunity that will benefit the Company and our stockholders."
  • The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including constraints specified in the Rule 10b5-1 plan, price, general business and market conditions, and alternative investment opportunities.
  • The share repurchase program does not obligate the Company to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time.

HireQuest, Inc. Announces New Stock Repurchase Program for up to 1 Million Shares

Retrieved on: 
Monday, June 29, 2020
Small business, Professional services, Human resources, Stock market, Financial economics, Finance, Corporate finance, Money, Share repurchase, Equity securities, Repurchase agreement, Stock, Targeted repurchase

HireQuest, Inc. (NASDAQ: HQI) announced that its Board of Directors has authorized a new share repurchase program pursuant to which the company may repurchase up to 1 million shares of its common stock through June 2021.

Key Points: 
  • HireQuest, Inc. (NASDAQ: HQI) announced that its Board of Directors has authorized a new share repurchase program pursuant to which the company may repurchase up to 1 million shares of its common stock through June 2021.
  • We have ample liquidity and cash flow to simultaneously repurchase shares and support our growth initiatives, whether that be through organic growth or selective pursuit of other opportunities that may arise.
  • There can be no assurance of how many shares will be repurchased, and the repurchase program may be suspended or discontinued at any time.
  • The Company had approximately 13.5 million shares of common stock outstanding as of June 15, 2020, the date of its most recent annual meeting of stockholders.

Prudential Bancorp, Inc. Announces Adoption of New Stock Repurchase Program

Retrieved on: 
Thursday, June 18, 2020
Financial markets, Stock market, Financial economics, Finance, Corporate finance, Equity securities, Share repurchase, Stock, Short, Repurchase agreement, Targeted repurchase, Accelerated share repurchase

PHILADELPHIA, June 18, 2020 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the Company) (Nasdaq: PBIP) announced today that its Board of Directors approved the Companys fourth stock repurchase program covering up to 407,000 shares or approximately 5% of its issued and outstanding shares of common stock.

Key Points: 
  • PHILADELPHIA, June 18, 2020 (GLOBE NEWSWIRE) -- Prudential Bancorp, Inc. (the Company) (Nasdaq: PBIP) announced today that its Board of Directors approved the Companys fourth stock repurchase program covering up to 407,000 shares or approximately 5% of its issued and outstanding shares of common stock.
  • The Company has completed its third repurchase program, repurchasing all 900,000 shares covered by the program at an average cost of approximately $13.40 per share.
  • The actual timing, number and value of shares repurchased under the stock repurchase program will depend on a number of factors, including the market price for the Companys common stock, and general business and market conditions and applicable legal and regulatory requirements.The stock repurchase program does not obligate the Company to acquire any specific number of shares in any period.
  • Adopting the fourth stock repurchase program is one of the strategies the Board believes is integral to the effective management of our capital.

First Financial Northwest, Inc. Announces Adoption of New Share Repurchase Plan

Retrieved on: 
Wednesday, June 17, 2020
Share repurchase, Stock market, Corporate finance, Forward-looking statement, Repurchase agreement, Targeted repurchase

The new stock repurchase plan will commence on or about July30, 2020 and will expire after six months.

Key Points: 
  • The new stock repurchase plan will commence on or about July30, 2020 and will expire after six months.
  • The extent to which the Company repurchases its shares and the timing of such repurchases will depend upon market conditions and other corporate considerations.
  • As a result, there can be no assurance as to the exact number of shares, if any, that will be repurchased under the plan.
  • Therefore, these factors should be considered in evaluating the forward-looking statements, and undue reliance should not be placed on such statements.

Pega Expands Current Share Repurchase Program and Announces Quarterly Cash Dividend for Third Quarter of 2020

Retrieved on: 
Monday, June 15, 2020
Financial markets, Stock market, Corporate finance, Financial economics, Share repurchase, Pegasystems, Dividend, Share, Targeted repurchase

CAMBRIDGE,Mass., June 15, 2020 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced that its Board of Directors has authorized an expansion of the Company's current share repurchase program (the "Current Repurchase Program").

Key Points: 
  • CAMBRIDGE,Mass., June 15, 2020 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the software company empowering digital transformation at the world's leading enterprises, today announced that its Board of Directors has authorized an expansion of the Company's current share repurchase program (the "Current Repurchase Program").
  • Shares that are repurchased under the Current Repurchase Program will be repurchased under the 10b5-1 Plan.
  • The Company also announced aquarterlycash dividend of$0.03 per share, maintaining the Company's current dividend program.
  • This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the Company's current expectations, including statements regarding the Company's plans and expectations with respect to its current share repurchase program and quarterly cash dividend.