Capital structure substitution theory

HV Bancorp, Inc. Announces Common Stock Repurchase Program

Retrieved on: 
Tuesday, February 23, 2021

This repurchase plan will supplement the previously announced repurchase plan which is nearly complete.

Key Points: 
  • This repurchase plan will supplement the previously announced repurchase plan which is nearly complete.
  • The Company believes the repurchase of its stock may increase the return on equity and the net income per share of the remaining outstanding shares of common stock and enhance long-term shareholder value.
  • These stock repurchases are not expected to have a material impact on capital levels due to the consistent nature of the buyback plans.
  • HV Bancorp, Inc. (Nasdaq Capital Market: HVBC) is a bank holding company headquartered in Doylestown, PA.