Columbia Financial (CLBK) Announces 2M Sharee Buyback

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Columbia Financial, Inc. Announces Sixth Stock Repurchase Program

May 25, 2023 8:30 AM EDT

FAIR LAWN, N.J., May 25, 2023 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (Nasdaq: CLBK) (the Company), the holding company for Columbia Bank and Freehold Bank, today announced that the Companys Board of Directors has authorized a new stock repurchase program to acquire up to 2,000,000 shares, or approximately 1.9% of the Company's currently issued and outstanding common stock and 6.8% of the Company's currently issued and outstanding common stock excluding shares held by Columbia Bank, MHC.

On December 14, 2022, the Company announced its fifth stock repurchase program which authorized the purchase of up to 3,000,000... More