Clifton Bancorp Inc. to Initiate Stock Repurchase Program
March 11 2015 - 4:00PM
Business Wire
Clifton Bancorp Inc., (the “Company”) (NasdaqGS: CSBK), the
holding company for Clifton Savings Bank, announced today that it
has authorized a stock repurchase program to acquire up to
2,731,000 shares of the Company’s outstanding common stock, or
approximately 10% of outstanding shares. The repurchase program
will become effective on April 2, 2015. Repurchases will be
conducted through open market purchases, which may include
purchases under a trading plan adopted pursuant to Securities and
Exchange Commission Rule 10b5-1, or through privately negotiated
transactions. Repurchases will be made from time to time depending
on market conditions and other factors.
Clifton Bancorp Inc. is the holding company of Clifton Savings
Bank, a federally chartered savings bank headquartered in Clifton,
New Jersey. Clifton Savings Bank is an organization with dedicated
people serving communities, residents and businesses. Clifton
Savings operates 12 full-service banking offices located in the
diverse and vibrant Northeastern counties of New Jersey.
The foregoing material may contain forward-looking statements
concerning the financial condition, results of operations and
business of the Company. We caution that such statements are
subject to a number of uncertainties and actual results could
differ materially and, therefore, readers should not place undue
reliance on any forward-looking statements. The Company does not
undertake, and specifically disclaims, any obligation to publicly
release the results of any revisions that may be made to any
forward-looking statements to reflect the occurrence of anticipated
or unanticipated events or circumstances after the date of such
statements.
Clifton Bancorp Inc.Bart D’Ambra, (973) 473-2200
Clifton Bancorp Inc. (MM) (NASDAQ:CSBK)
Historical Stock Chart
From Mar 2024 to Apr 2024
Clifton Bancorp Inc. (MM) (NASDAQ:CSBK)
Historical Stock Chart
From Apr 2023 to Apr 2024