BuybackApr 15, 2026, 09:56 AM
Greene County Bancorp Announces 400,000 Share Buyback Program
AI Summary
Greene County Bancorp, Inc. announced that its Board of Directors has adopted a stock repurchase program. The company is authorized to repurchase up to 400,000 shares of its common stock, which constitutes approximately 5.0% of the outstanding shares held by shareholders other than the majority mutual holding company parent. Repurchases are expected to begin after the release of the company's first-quarter 2026 operating results and will be made at management's discretion.
Key Highlights
- Board approved a stock repurchase program.
- Company may repurchase up to 400,000 shares of common stock.
- Represents approximately 5.0% of outstanding common stock.
- Repurchases to commence after Q1 2026 results release.
- Shares to be repurchased in open market or private transactions.