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Stock impact report

TrustCo Bank Corp NY Announces Two-Million Share Stock Repurchase Program

TrustCo Bank Corp NY (TRST) 
Last trustco bank corp ny earnings: 4/21 04:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
GLENVILLE, N.Y., Dec. 19, 2025 (GLOBE NEWSWIRE) -- TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) (the “Company” or “TrustCo”) today announced that its Board of Directors has approved a new stock repurchase program. Under the stock repurchase program, TrustCo may repurchase up to 2,000,000 shares of its common stock, or approximately 11% of its currently 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. The Company completed a previously authorized one-million share repurchase program earlier this month. Chairman, President, and Chief Executive Officer Robert J. McCormick said “As a Company, we have determined that the best investment we can make is in ourselves. Our business model is sound and the transactional risk is low. This announced substantial share repurchase p Show less Read more
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