Provident Bancorp, Inc. Adopts Stock Repurchase Program

AMESBURY, Mass., Dec. 2, 2024 /PRNewswire/ -- Provident Bancorp, Inc. (the "Company") (Nasdaq:PVBC), the holding company for BankProv (the "Bank"), today announced that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 883,366 shares of its common stock, or approximately five percent of the current outstanding shares.The repurchase program was adopted following the receipt of non-objection from the Federal Reserve Bank of Boston ...