BV Financial adopts stock repurchase program for up to 10% of outstanding shares

BV Financial, Inc.

Board authorized repurchase of up to ~10.59M shares (10% of outstanding common stock).
Program expected to start after Q1 2025 earnings release; expires Dec 31, 2025.
Federal Reserve Bank of Richmond issued non-objection to initiate repurchases.
Second buyback program since mutual-to-stock conversion completed July 31, 2023.
Repurchases may be made in open market or private transactions at management's discretion.

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