SR Bancorp said its board authorized the repurchase of up to 10% of the company's outstanding shares of common stock.
The new program is the company's third stock repurchase program since September 2023.
The holding company for Somerset Regal Bank has a market cap of $133.14 million, 8.1 million shares outstanding and a public float of 6.68 million shares.
The company's stock closed today's regular session at $18.29, an increase of just under 1%.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
May 21, 2026 16:49 ET (20:49 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments