secwatch.observer — SEC 8-K summary
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Issuer:     Hanover Bancorp, Inc. /MD (HNVR)
CIK:        0001828588
Form:       8-K
Filed at:   2023-10-05T23:59:59+00:00
Accession:  0001558370-23-016250
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828588/000155837023016250/0001558370-23-016250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828588/000155837023016250/hnvr-20231005x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-016250

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer