Stock Buybacks
By The Online Investor Staff, updated Thu., Apr. 18, 11:45 PM
This Slide: #6 of 25 |
Slide #6. First Seacoast Bancorp, Inc.
Company:
First Seacoast Bancorp, Inc. (NASDAQ:FSEA)
Share Amount Authorized:
507,707
Buyback Details:
First Seacoast Bancorp, Inc. (the "Company") (Nasdaq Capital Market: FSEA), the holding company for First Seacoast Bank, announced today it has authorized a stock repurchase program for up to 507,707 shares of common stock, representing approximately 10% of shares currently outstanding, to be effective as soon as practicable after the Company files its Quarterly Report on Form 10-Q for the period ending March 31, 2024, with the Securities and Exchange Commission (the "SEC").
First Seacoast Bancorp is a savings and loan holding company. Co. conducts its operations primarily through its wholly-owned subsidiary, First Seacoast Bank. Co.'s business consists of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank, in one- to four-family residential real estate loans, commercial real estate and multi-family real estate loans, acquisition, development and land loans, commercial and industrial loans, home equity loans and lines of credit and consumer loans. Co. conducts its operations from banking offices in Strafford County, NH, and in Rockingham County, NH.
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