other material
confidence high
sentiment positive
materiality 0.50
Hanover Bancorp approves share repurchase of up to 5% of outstanding common stock
Hanover Bancorp, Inc. /MD
- Board approved repurchase of up to 366,050 shares, or about 5% of outstanding stock.
- Repurchases may occur in open market or private transactions; Rule 10b5-1 plan possible.
- Management has discretion over timing and volume based on market conditions and capital needs.
- Program may be suspended, modified, or terminated by the Board at any time.