Eastern Bankshares announces new $200M share repurchase program for up to 8.9 million shares

Eastern Bankshares, Inc.

Regulatory non-objection received for new share repurchase program authorizing up to 8.9M shares (≈5% of outstanding).
Program limited to $200M through August 31, 2023; may be modified or terminated by Board at any time.
Previous program (Nov 2021) authorized up to 9.3M shares for $225M; 9.13M shares repurchased for $182M through Sep 6, 2022.
Repurchases expected to begin later this month after completing remaining shares under existing program.

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