Kearny Financial Corp. Announces Completion of Stock Repurchase Plan
November 07 2023 - 8:30AM
Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the
holding company for Kearny Bank, announced today the completion of
its previously disclosed stock repurchase plan which authorized the
repurchase of 4,000,000 shares. Such shares were repurchased at a
cost of $34.9 million, or $8.74 per share.
About Kearny Financial Corp.
Kearny Financial Corp. is the parent company of
Kearny Bank which operates from its administrative headquarters in
Fairfield, New Jersey, and a total of 43 retail branch offices
located throughout northern and central New Jersey and Brooklyn and
Staten Island, New York. At September 30, 2023, Kearny Financial
Corp. had approximately $8.0 billion in total assets.
Statements contained in this news release that
are not historical facts are forward-looking statements as that
term is defined in the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are subject to risks and
uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors, which
include, but are not limited to, factors discussed in documents
filed by the Company with the Securities and Exchange Commission
from time to time. The Company does not undertake and specifically
disclaims any obligation to update any forward-looking statement,
whether written or oral, that may be made from time to time by or
on behalf of the Company.
For further information contact:Craig L.
Montanaro, President and Chief Executive Officer, orKeith
Suchodolski, Senior Executive Vice President and Chief Financial
OfficerKearny Financial Corp.(973) 244-4500
Kearny Financial (NASDAQ:KRNY)
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