Amalgamated Financial rises on $40 million share repurchase program
ReutersMar 11, 2025 3:39 PM
Shares of U.S. bank Amalgamated Financial AMAL.O rise 2.5% to $29.05
AMAL on Monday announced new $40 million share repurchase program
New program replaces previous buyback program, which had about $18.7 million remaining as of 2024 end
CEO Priscilla Sims Brown said current share price do not reflect momentum across the bank nor the opportunity that AMAL sees ahead to further grow
AMAL stock down 13% YTD
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