Blue Foundry Bancorp Announces Adoption of Initial Stock Repurchase Program
RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 shares of its common stock, which is approximately 10% of its outstanding common stock.
- RUTHERFORD, N.J., July 20, 2022 (GLOBE NEWSWIRE) -- Blue Foundry Bancorp (NASDAQ: BLFY), the holding company for Blue Foundry Bank, announced that it has adopted a program to repurchase up to 2,852,250 shares of its common stock, which is approximately 10% of its outstanding common stock.
- This is the Companys first stock repurchase program since completing its mutual-to-stock conversion and related stock offering in July 2021.
- Blue Foundry Bancorp is the holding company for Blue Foundry Bank, a place where things are made, purpose is formed, and ideas are crafted.
- To learn more about Blue Foundry, go to www.bluefoundrybank.com or call our Customer Service Center at 1-888-931-BLUE.