BUZZ-TrustCo Bank rises after announcing stock repurchase plan

Reuters

2025/03/20

** TrustCo Bank Corp NY's shares TRST.O gain 2% to $30.98

** Community bank late Tuesday announced stock repurchase program of up to one million shares, or about 5% of its outstanding shares

** Bank may repurchase shares in open market or private transactions in the next 12 months

** TRST has 19 million outstanding shares for $578 million market cap - data compiled by LSEG

** Stock down 7% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

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