secwatch.observer — SEC 8-K summary
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Issuer:     Generations Bancorp NY, Inc. (GBNY)
CIK:        0001823365
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0000943374-22-000131
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generations Bancorp authorizes stock repurchase program for up to 83,300 shares (3.4%)
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- Board authorized repurchase of up to 83,300 shares, approximately 3.4% of outstanding common stock.
- Repurchases may be conducted via open market, private transactions, block trades, or Rule 10b5-1 plans.
- Repurchases will not begin until after the Company exits its quarterly blackout period.
- Program is discretionary; management will consider price, market conditions, and alternative capital uses.
- Program may be suspended, terminated, or modified at any time for any reason.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823365/000094337422000131/0000943374-22-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823365/000094337422000131/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-22-000131

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