BCB Bancorp (BCBP) Adopts New Stock Repurchase Plan

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Go back to BCB Bancorp (BCBP) Adopts New Stock Repurchase Plan

BCB Bancorp, Inc. Adopts New Stock Repurchase Plan

December 11, 2020 4:15 PM EST

BAYONNE, N.J., Dec. 11, 2020 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the Company), (NASDAQ: BCBP), the holding company for BCB Community Bank (the Bank), today announced it has adopted a new stock repurchase program, effective December 16, 2020. Under the stock repurchase program, management is authorized to repurchase up to 500,000 shares of the Companys common stock. The shares authorized for repurchase under the program equate to approximately 2.9% of the Companys outstanding shares of common stock. As of December 10, 2020, the Company had approximately 17.1 million shares of common stock outstanding. The stock repurchase program does not... More