other material
confidence high
sentiment neutral
materiality 0.35
Valley National Bancorp authorizes repurchase of up to 25M shares
VALLEY NATIONAL BANCORP
- Board approved new stock repurchase program for up to 25 million shares of common stock.
- Program effective April 26, 2024, replacing current program expiring April 25, 2024.
- Repurchase authority runs through April 26, 2026; no obligation to buy any shares.
- Actual repurchases depend on share price, market conditions, and alternative opportunities.