TrustCo Bank (TRST) Announces 1M Share Stock Repurchase Plan
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TrustCo Bank Corp NY Announces Stock Repurchase Plan
June 7, 2019 4:00 PM EDTGLENVILLE, N.Y., June 07, 2019 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) today announced that its Board of Directors has approved a stock repurchase program. Under the stock repurchase program, TrustCo may repurchase up to 1,000,000 shares of its common stock, or approximately 1% of its current outstanding shares.
The repurchase program will permit shares to be repurchased in open market or private transactions, through block trades, or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
Repurchases will be made at... More
