Hanover Bancorp authorizes new buyback of up to 370,000 shares (~5% of outstanding)

Hanover Bancorp, Inc. /MD

Board approved new Share Repurchase Program on Aug 26, 2026, expiring Aug 17, 2027.
May repurchase up to 370,000 shares, approximately 5% of outstanding common stock.
Program starts after exhaustion of prior buyback approved Oct 5, 2023.
Repurchases may occur in open market or private transactions; Rule 10b5-1 plan permitted.
No obligation to acquire specific number; board may suspend or modify at any time.

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