Blue Foundry Rewards Shareholders With New Share Repurchase Plan

Blue Foundry Bancorp (BLFY) , the holding company for Blue Foundry Bank, has announced a fifth stock repurchase program, authorizing the repurchase of up to 1.14 million of its common stock. This new program commenced on Nov. 8, 2024, and represents approximately 5% of its common outstanding shares. Additionally, the company announced the completion of its fourth stock repurchase program on Nov. 7, 2024. This program was announced in February 2024, which authorized the repurchase of up to 1.2 million shares ...