Eastern Bankshares Announces 11.35M Common Stock Buyback Plan Through Dec. 31, 2027
Eastern Bankshares, Inc. (the "Company") (NASDAQ:EBC), the holding company of Eastern Bank, today announced its Board of Directors authorized a new share repurchase program of up to 11.35 million shares, or 5%
Eastern Bankshares said it will buy back some of its own shares over the next few years. When a company buys its own shares, it can mean leaders think the stock is a good value right now.
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