BV Financial Authorizes New Stock Buyback Program

MT Newswires Live

04/05

BV Financial (BVFL) said Friday it has been cleared by the Federal Reserve Bank of Richmond to begin a stock buyback program for up to 10% of its outstanding shares, or about 10.6 million shares.

The company said it expects to begin the repurchases after reporting financial results for its recently concluded Q1 ended March 31.

Price: 13.90, Change: -0.31, Percent Change: -2.18

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