other
confidence high
sentiment neutral
materiality 0.40
Washington Trust Bancorp adopts stock repurchase program for up to 850,000 shares
WASHINGTON TRUST BANCORP INC
- Board authorized repurchase of up to 850,000 shares (~4.4% of outstanding) under 2025 Repurchase Program.
- Program effective May 15, 2025 through May 15, 2026; may be modified, suspended, or discontinued.
- Repurchases subject to market conditions, price, regulatory requirements, and corporate liquidity.
- Company had approximately 19.3 million shares of common stock outstanding as of April 30, 2025.