Blue Foundry Bancorp Announces Completion of Fourth Stock Repurchase Program and Adoption of Fifth Stock Repurchase Program
Blue Foundry Bancorp (BLFY)
Company Research
Source: GlobeNewswire
RUTHERFORD, N.J., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that as of November 7, 2024, it had completed its fourth stock repurchase program and had adopted another program to repurchase up to 1,139,420 shares of its common stock, which is approximately 5% of its outstanding common stock. The program commenced on November 8, 2024. This is the Company’s fifth stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021. Since announcing its first stock repurchase program on July 20, 2022, through the completion of the fourth stock repurchase program, the Company has repurchased 6,659,303 shares, or 23.3% of its common shares, at a weighted average price of $10.14. The Company’s tangible book value per share was $14.74 as of September 30, 2024. The repurchase program permits shares to be repurchased in open market or private transactions, t
Show less
Read more
Impact Snapshot
Event Time:
BLFY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLFY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLFY alerts
High impacting Blue Foundry Bancorp news events
Weekly update
A roundup of the hottest topics
BLFY
News
- Blue Foundry Bancorp (NASDAQ: BLFY) had its price target raised by analysts at Keefe, Bruyette & Woods from $9.75 to $11.00. They now have a "market perform" rating on the stock.MarketBeat
- Blue Foundry Rewards Shareholders With New Share Repurchase Plan [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp Announces Completion of Fourth Stock Repurchase Program and Adoption of Fifth Stock Repurchase Program [Yahoo! Finance]Yahoo! Finance
- Blue Foundry Bancorp GAAP EPS of -$0.19, revenue of $9.48M [Seeking Alpha]Seeking Alpha
- Blue Foundry Bancorp (BLFY) Q3 2024 Results Conference Call Transcript [Seeking Alpha]Seeking Alpha
BLFY
Earnings
- 10/23/24 - Miss
BLFY
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 10-Q
- 11/12/24 - Form 8-K
- BLFY's page on the SEC website