Stock repurchase plan
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Dime Community Bancshares CEO Sells 25K Shares Amid Capital Strategy Changes
The Motley Fool· 2026-02-22 11:45
Core Viewpoint - Dime Community Bancshares' CEO, Stuart H. Lubow, sold 25,026 shares after a strong Q4 performance in 2025, indicating potential confidence in the company's future despite the sale [1][9]. Transaction Summary - The sale of 25,026 shares was valued at $878,000, with a weighted average purchase price of $35.09 per share [2]. - Post-transaction, Lubow's direct ownership decreased by 9.91%, leaving him with 202,648 shares [5]. Company Overview - Dime Community Bancshares reported a total revenue of $409.90 million and a net income of $101.51 million for the trailing twelve months (TTM) [4]. - The company has a dividend yield of 2.92% and a 1-year price change of 8.97% as of February 21, 2026 [4]. Market Data - The market capitalization of Dime Community Bancshares is $1.5 billion, with a current stock price change of 0.68% [6]. - The stock has a 52-week range of $23.25 to $36.86, indicating significant price movement over the past year [6]. Executive Ownership - In addition to the shares sold, Lubow holds 5,439 indirect shares through a 401k plan and 19,499 shares through his spouse, along with 8,000 shares of preferred stock [7]. Company Actions - Dime announced a repurchase plan for approximately 1.5 million common shares, which may enhance stock value, although completion is not guaranteed [8]. Financial Performance - The company experienced a 159.40% year-over-year increase in revenue for Q4 FY 2025, marking the largest increase since Q2 2021 [9]. - Dime's stock has risen approximately 14% in 2026 as of February 21, 2026 [9].
River Valley Community Bancorp Announces Increased Authorization to Stock Repurchase Plan
Globenewswire· 2026-02-02 21:40
Core Viewpoint - River Valley Community Bancorp has announced an increase in its stock repurchase plan, raising the total authorized amount to $3,000,000, which aims to enhance capital management and return on equity for shareholders [1][2][4]. Group 1: Stock Repurchase Plan - The initial stock repurchase plan authorized by the Board of Directors on October 15, 2024, was for up to $1,000,000 of the Company's outstanding common stock [2]. - On January 30, 2026, the Board approved an additional $2,000,000 for the repurchase plan, bringing the total to $3,000,000 [2]. - The repurchase program is set to remain in effect until December 31, 2026 [2]. Group 2: Conditions and Management - The timing, price, and size of stock purchases will depend on market conditions and other factors [3]. - The Board has ensured that the maximum aggregate repurchases will not impair the capital of the Company or its subsidiary, River Valley Community Bank [3]. - The program is designed to provide an effective mechanism for capital management, increase return on equity for existing shareholders, and enhance market liquidity for the common shares [4]. Group 3: Company Ratings and Services - River Valley Community Bank maintains high ratings from BauerFinancial and Depositaccounts.com [5]. - The Bank offers a comprehensive range of competitive products, services, and banking technology to its customer base [5].