secwatch.observer — SEC 8-K summary
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Issuer:     TRUSTCO BANK CORP N Y (TRST)
CIK:        0000357301
Form:       8-K
Filed at:   2025-12-19T23:59:59+00:00
Accession:  0001140361-25-046193
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrustCo Bank Corp NY authorizes 2M share repurchase program (11% of outstanding)
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- Board authorized repurchase of up to 2,000,000 shares (~11% of outstanding) over next ~12 months.
- Company completed a prior 1M share buyback program earlier in December 2025.
- Repurchases may be made via open market, private transactions, block trades, or 10b5-1 plan.
- Program is at management's discretion based on market conditions, stock price, and capital needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357301/000114036125046193/0001140361-25-046193-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357301/000114036125046193/ef20061671_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-046193

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