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Stock impact report

Western New England Bancorp, Inc. Announces Completion of 2017 Repurchase Plan

Western New England Bancorp, Inc. (WNEB) 
Last western new england bancorp, inc. earnings: 4/28 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4066200
Company Research Source: GlobeNewswire
WESTFIELD, Mass., March 01, 2019 (GLOBE NEWSWIRE) -- Western New England Bancorp, Inc. (the “Company” or “WNEB”) (NasdaqGS: WNEB), the holding company for Westfield Bank (the “Bank”), announced that the Company has completed its current stock repurchase program (the “2017 Plan”), which was announced on February 2, 2017 and commenced on March 13, 2017. The Company repurchased a total of 3,047,000 shares, or approximately 10% of its outstanding common stock, in connection with the 2017 Plan. On January 29, 2019, the Company announced that the Board of Directors authorized a new stock repurchase program pursuant to which the Company may repurchase up to 2.8 million shares of its common stock, or approximately 10% of the Company’s outstanding shares, upon the completion of the 2017 Plan. Any purchases under the Company's stock repurchase program may be made periodically as permitted by securities laws and other legal requirements in the open market or in privately-negotiated transacti Show less Read more
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