other material
confidence high
sentiment neutral
materiality 0.30
BCB Bancorp ups stock buyback authorization to 500,000 shares (~2.9% of outstanding)
BCB BANCORP INC
- Board amended program, increasing remaining authorization from 82,350 to 500,000 shares.
- Original program adopted Dec 2020; 417,650 of 500,000 shares had been repurchased as of Sept 30, 2022.
- 500,000 shares represent approx. 2.9% of ~16.97M outstanding shares.
- Repurchases may occur in open market or private transactions under Rule 10b-18; 10b5-1 plans permitted.