other material
confidence high
sentiment neutral
materiality 0.30
Washington Trust Bancorp authorizes repurchase of up to 850,000 shares (5% of outstanding)
WASHINGTON TRUST BANCORP INC
- Authorizes repurchase of up to 850,000 shares, or ~5% of ~17.2M shares outstanding as of Nov 30, 2022.
- Program runs from Jan 1, 2023 to Dec 31, 2023; may be modified, suspended, or discontinued at any time.
- Repurchases depend on market conditions, price, corporate and regulatory requirements, and liquidity.
- No actual repurchases announced; this is an authorization only.