Columbia Financial authorizes new stock buyback program for up to 3M shares (~2.7%)

Columbia Financial, Inc.

New repurchase program authorizes up to 3,000,000 shares (approx. 2.7% of outstanding), commencing upon completion of existing program.
Fourth program (5M shares authorized) repurchased 4,311,566 shares for $90.6M ($20.99 avg); 688,434 shares remain.
Repurchases permitted via open market, private negotiations, or 10b5-1 plan; timing depends on market conditions and regulatory requirements.
CEO Thomas J. Kemly stated program reflects commitment to repurchase shares at attractive prices as prudent capital deployment.

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