other material
confidence high
sentiment positive
materiality 0.55
Kearny Financial Corp. authorizes new stock repurchase plan for up to 4M shares; completes prior plan
Kearny Financial Corp.
- New authorization to repurchase up to 4,000,000 shares of common stock, no expiration date.
- Prior plan completed: 7,602,021 shares repurchased at $96.8 million ($12.73 per share).
- Repurchases may be made in open market, block trades, or under 10b5-1 plans at management's discretion.
- Plan may be suspended, terminated, or modified at any time; does not obligate purchase of any specific number.