Hanover Bancorp launches share buyback of up to 370,000 shares
HNVR•Hanover Bancorp approves new repurchase program
Hanover Bancorp launched a new share repurchase program for up to 370,000 shares, about 5% of outstanding common stock.
The program expires Aug. 17, 2027, and it will begin once the prior buyback authorized Oct. 5, 2023, is fully used.
Repurchases may occur in the open market or through private deals, and execution may use a Rule 10b5-1 trading plan.
