Salisbury Bancorp, Inc. Buyback
OLI recorded this information on 3/23/2022
Company:
Salisbury Bancorp, Inc.
Buyback:
SAL buyback
Share Amount Authorized:
5% of Outstanding Shares
Buyback Details:
Salisbury Bancorp, Inc. ("Salisbury"), (NASDAQ: "SAL"), the holding company for Salisbury Bank and Trust Company (the "Bank"), announced today that its Board of Directors has approved the renewal of its share repurchase program, which expires today, for another twelve (12) months. The share repurchase program provides for the repurchase of Salisbury's common stock in amounts up to an aggregate of five percent (5%) of the outstanding shares of Salisbury's common stock from time to time over the next twelve (12) months through privately negotiated transactions and/or market purchases at appropriate prices, subject to price and market conditions on terms determined to be in the best interests of Salisbury. There is no guarantee as to the exact number of, or value of, shares that will be repurchased by Salisbury, and Salisbury may discontinue repurchases at any time. The timing and number of shares repurchased will depend upon various factors, including Salisbury's stock price performance, ongoing capital considerations, market conditions, compliance with securities laws and other applicable legal considerations.
Salisbury Bancorp is a bank holding company. Through its subsidiary, Salisbury Bank and Trust Company (the Bank), Co. provides commercial banking, consumer financing, retail banking and trust and wealth advisory services. The Bank originates commercial loans, commercial real estate loans, residential and commercial construction loans, residential real estate loans collateralized by one-to-four family residences, home equity lines of credit and fixed rate loans and other consumer loans. The Bank provides a range of fiduciary services including trust and estate administration, wealth advisory, and investment management to individuals, families, businesses and institutions.
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Avg. Broker Rec.
 
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: SAL Stock Forecast Based on Zacks ABR data; powered by Xignite |
