MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
Magyar Bancorp, Inc. (MGYR)
US:NASDAQ Investor Relations:
magbank.com
Company Research
Source: PR Newswire
NEW BRUNSWICK, N.J., May 22, 2025 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today it has completed the stock repurchase program authorized December 8, 2022, repurchasing 337,146 shares at an average price of $12.23, and that its Board of Directors has authorized an additional stock repurchase program pursuant to which the Company intends to repurchase up to 5% of its outstanding shares, or up to 323,547 shares. The timing of the repurchases will depend on certain factors, including but not limited to, market conditions and prices, the Company's liquidity requirements and alternative uses of capital. Any repurchased shares will be held as treasury stock and will be available for general corporate purposes. About Magyar Bancorp Magyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products
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News
- MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDEND [Yahoo! Finance]Yahoo! Finance
- MAGYAR BANCORP, INC. ANNOUNCES FISCAL FOURTH QUARTER AND FISCAL YEAR END FINANCIAL RESULTS, DECLARES QUARTERLY DIVIDENDPR Newswire
- Magyar Bancorp (NASDAQ:MGYR) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
MGYR
Sec Filings
- 12/19/25 - Form 10-K
- 12/15/25 - Form 4
- 11/14/25 - Form 144
- MGYR's page on the SEC website