Greene County Bancorp (GCBC) Approves 5% Stock Buyback Plan
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Greene County Bancorp, Inc. (Nasdaq: GCBC) has authorized a stock repurchase program pursuant to which the Company intends to repurchase up to 5% of its outstanding shares (excluding shares held by Greene County Bancorp, MHC, the Company's mutual holding company), or up to 92,346 shares.
Mr. Donald Gibson, President and Chief Executive Officer of the Company, stated, "We are pleased to announce the repurchase program. We believe our common stock is an attractive value at current trading prices and we believe the deployment of some of the Company's capital into this investment is warranted."
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