Traditions Bancorp (TRBK) Announces $3M Share Buyback Plan

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Traditions Bancorp Announces Share Repurchase Plan

March 24, 2022 5:22 PM EDT

YORK, Pa., March 24, 2022 /PRNewswire/ -- Traditions Bancorp, Inc. (OTC Pink: TRBK), the parent company for Traditions Bank, today announced that its Board of Directors has approved a stock repurchase plan pursuant to which Traditions Bancorp may repurchase up to $3 million of its outstanding shares of common stock. Traditions Bancorp reported 2,840,484 shares outstanding at December 31, 2021.

"Based on our financial strength, current capital levels, and future growth expectations, we believe the stock repurchase plan is an appropriate deployment of our capital to maximize... More