secwatch.observer — SEC 8-K summary
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Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001140361-24-016618
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrustCo Bank Corp NY authorizes repurchase of up to 200,000 shares (1% of outstanding)
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- Board authorized repurchase of up to 200,000 shares (~1% of outstanding) over next 12 months.
- Repurchases may be made via open market, private transactions, block trades, or 10b5-1 plans.
- Timing and amount depend on market conditions, stock price, alternative uses for capital, and financial performance.
- Program may be suspended or modified at any time; no obligation to buy any specific number.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036124016618/0001140361-24-016618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036124016618/ef20025603_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-016618

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer