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Stock impact report

Western New England Bancorp, Inc. Announces Authorization of Repurchase Plan

Western New England Bancorp, Inc. (WNEB) 
Last western new england bancorp, inc. earnings: 4/28 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4066200
Company Research Source: GlobeNewswire
WESTFIELD, Mass., May 22, 2024 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced that on May 21, 2024, the Board of Directors authorized a new stock repurchase plan (“2024 Plan”), pursuant to which the Company may repurchase up to 1.0 million shares, or approximately 4.6%, of the Company’s outstanding shares of common stock, upon the completion of the 2022 Plan. The Company may repurchase shares from time to time in open market transactions or through privately negotiated transactions at the Company’s discretion or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934. The amount, timing and nature of any share repurchases will be based on a variety of factors, including the trading price of the Company’s common stock, applicable securities laws restrictions, regulatory limitations and market and economic fac Show less Read more
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