---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016250"
form_type: "8-K"
ticker: "HNVR"
cik: "0001828588"
company_name: "Hanover Bancorp, Inc. /MD"
filed_at: "2023-10-05T23:59:59+00:00"
generated_at: "2026-06-10T04:09:21.388162+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hanover Bancorp approves share repurchase of up to 5% of outstanding common stock

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-016250
- form_type: 8-K
- ticker: HNVR
- cik: 0001828588
- company_name: Hanover Bancorp, Inc. /MD
- filed_at: 2023-10-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828588/000155837023016250/0001558370-23-016250-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828588/000155837023016250/hnvr-20231005x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016250
- JSON: https://secwatch.observer/filing/0001558370-23-016250.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016250.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.