other material
confidence high
sentiment positive
materiality 0.40
Bogota Financial receives regulatory approval to repurchase up to 237,090 shares (5% of float)
Bogota Financial Corp.
- Fifth stock repurchase program authorized by board; regulatory approval received April 24, 2024.
- Up to 237,090 shares (approx 5% of outstanding common stock, excluding MHC shares).
- Repurchases may be made in open market, private transactions, or via Rule 10b5-1 plan.
- Program has no expiration date; can be suspended, terminated, or modified at any time.
- Timing and amount depend on market conditions, stock price, and alternative capital uses.