Blue Foundry Bancorp announces sixth share repurchase program for up to 1,082,533 shares (5% of outstanding)

Blue Foundry Bancorp

New program authorizes repurchase of up to 1,082,533 shares (~5% of outstanding), commenced June 20, 2025, no expiration date.
Prior five programs since July 2022 repurchased 7,798,723 shares (27.3% of shares) at weighted avg price $10.09, vs tangible book value of $14.81.
Repurchases allowed via open market, private transactions, or Rule 10b5-1 plans; timing dependent on market conditions and other factors.
CEO Nesci says program reflects strong capital position and commitment to shareholder value.

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