Bv Financial, Inc. (BVFL) Announces 10% Share Buyback

Go back to Bv Financial, Inc. (BVFL) Announces 10% Share Buyback

BV Financial, Inc. Announces Adoption and Regulatory Non-Objection for Stock Repurchase Program

April 4, 2025 1:48 PM EDT

BALTIMORE, MD / ACCESS Newswire / April 4, 2025 / 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.

Repurchases are expected... More