other material
confidence high
sentiment positive
materiality 0.65
Provident Financial Services authorizes new stock repurchase program for up to 2.81M shares (2.15% of outstanding)
PROVIDENT FINANCIAL SERVICES INC
- Board authorized tenth buyback; with 814,247 shares remaining, total up to ~2.81M shares (2.15% of outstanding).
- Repurchases via open market, block trades, negotiated transactions, or 10b5-1 plans; no expiration date.
- CEO cited confidence in earnings and balance sheet strength; CFO noted additional capital return flexibility.