BV Financial Announces Second Stock Repurchase Program For Up To 10% Of Outstanding Shares
Benzinga Newsdesk 1 year ago
NewsBuybacks
BV Financial, Inc. (the "Company") (NASDAQ:BVFL), the holding company for BayVanguard Bank (the "Bank"), announced today that the Company has adopted, and received the non-objection of the Federal Reserve Bank of
BV Financial, Inc. (the "Company") (NASDAQ:BVFL), the holding company for BayVanguard Bank (the "Bank"), announced today that the Company has adopted, and received the non-objection of the Federal Reserve Bank of Richmond (the "Federal Reserve") to initiate, a stock repurchase program for up to 10% of the Company's outstanding shares of common stock (approximately 10,594,044 shares). This is the Company's second stock repurchase program since completing its mutual-to-stock conversion and related stock offering on July 31, 2023.