other material
confidence high
sentiment positive
materiality 0.45
Sound Financial Bancorp increases stock buyback authorization to $4M, extends to Jan 2023
Sound Financial Bancorp, Inc.
- Board increased authorized repurchase amount from $2.0 million to $4.0 million, effective immediately.
- Program expiration extended to January 31, 2023 (previously October 29, 2022).
- 49,700 shares repurchased at aggregate cost of $1.9 million since inception; $2.1 million remaining.
- Repurchases may be made in open market or private transactions; timing depends on market conditions.