other material
confidence high
sentiment neutral
materiality 0.50
Bar Harbor Bankshares authorizes repurchase of up to 756,000 shares (~5% of outstanding)
BAR HARBOR BANKSHARES
- Board authorized repurchase of up to 756,000 shares of common stock, representing ~5% of shares outstanding as of April 30, 2023.
- Plan is authorized to last up to 12 months; repurchases may be made in open market or private transactions.
- No obligation to repurchase any specific amount; plan may be suspended or modified at any time.
- Repurchases subject to legal restrictions, market conditions, and alternative uses of capital.