Amalgamated Financial approves new $40M share repurchase program

Amalgamated Financial Corp.

New authorization allows repurchase of up to $40M of common stock; replaces prior program with ~$18.7M remaining as of Dec 31, 2024.
CEO Priscilla Sims Brown says share price does not reflect momentum; program timely as political deposit balances rebuild and pipeline grows.
Repurchase program has no expiration date; may be suspended or discontinued at any time at Company's discretion.

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