other material
confidence high
sentiment neutral
materiality 0.55
Western New England Bancorp completes 2.4M share repurchase; authorizes new 1.1M buyback
Western New England Bancorp, Inc.
- Completed 2021 repurchase plan on Oct 13, 2022, buying back 2.4M shares at avg price $8.40.
- Board authorized new plan to repurchase up to 1.1M shares (~5% of outstanding) upon completion of the 2021 Plan.
- Repurchases may occur in open market or private transactions; timing depends on market conditions and regulatory factors.