secwatch.observer — SEC 8-K summary
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Issuer:     VALLEY NATIONAL BANCORP (VLY)
CIK:        0000714310
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000714310-24-000042
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valley National Bancorp authorizes repurchase of up to 25M shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714310/000071431024000042/0000714310-24-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714310/000071431024000042/vly-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000714310-24-000042

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