
BuybackMay 21, 2026, 04:24 PM
SR Bancorp Authorizes Third Stock Buyback for 10% of Shares
AI Summary
SR Bancorp, Inc. announced the authorization of its third stock repurchase program, allowing for the buyback of up to 10% of its outstanding common stock, totaling 801,320 shares. This program will commence upon the completion of the company's second repurchase program, which currently has 22,176 shares remaining. The repurchases will be conducted in open market or private transactions, depending on market conditions and financial performance.
Key Highlights
- SR Bancorp, Inc. authorized its third stock repurchase program.
- The program allows for the repurchase of up to 10% of the company's outstanding common stock.
- This amounts to 801,320 shares.
- The new program will commence after the completion of the second stock repurchase program.
- The second repurchase program currently has 22,176 shares remaining.
- As of March 31, 2026, SR Bancorp had $1.14 billion in total assets.
Price Impact
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