other material
confidence high
sentiment positive
materiality 0.65
First Seacoast Bancorp authorizes additional 228,858 share repurchases under ongoing program
First Seacoast Bancorp, Inc.
- Original April 2024 authorization covered 507,707 shares (~10% of then-outstanding).
- Company repurchased 397,008 shares to date at average $9.15 per share.
- New authorization adds 228,858 shares, ~5% of pro forma outstanding.
- Repurchases may be conducted via open market or Rule 10b5-1 plan.
- Additional authorization expires December 3, 2025; program may be suspended anytime.