other material
confidence high
sentiment positive
materiality 0.50
Camden National announces share repurchase program of up to 750,000 shares (approx 5% of outstanding)
CAMDEN NATIONAL CORP
- Board authorized purchase of up to 750,000 shares (~5% of shares outstanding as of Dec 31, 2023).
- New program effective Jan 4, 2024; replaces prior authority that expired Jan 3, 2024.
- Repurchases may be executed via open market, accelerated share repurchase, or private transactions.
- No specific price targets; program may be suspended at any time.