other material
confidence high
sentiment positive
materiality 0.50
NSTS Bancorp authorizes repurchase of up to 5% of outstanding shares; adopts director age limit of 75
NSTS Bancorp, Inc.
- Board authorized repurchase of up to 269,898 shares (~5% of outstanding) through Sept 29, 2023.
- Repurchases may be made in open market or private transactions; no obligation to buy; program may be discontinued.
- Bylaw amended to set maximum director age of 75; directors reaching 75 must resign at next annual meeting.