other material
confidence high
sentiment positive
materiality 0.60
Beacon Financial receives Fed non-objection for $50M stock buyback
Beacon Financial Corp
- Federal Reserve issued notice of non-objection for Beacon Financial's stock repurchase program.
- Program authorizes up to $50M in share repurchases from May 5, 2026 to May 4, 2027.
- Board adopted program on April 29, 2026, subject to regulatory non-objection.
- Purchases may be made in open market or negotiated transactions at prevailing prices.