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TrustCo Bank rises after announcing stock repurchase plan

ReutersMar 19, 2025 4:05 PM

TrustCo Bank Corp NY's shares TRST.O gain 2% to $30.98

Community bank late Tuesday announced stock repurchase program of up to one million shares, or about 5% of its outstanding shares

Bank may repurchase shares in open market or private transactions in the next 12 months

TRST has 19 million outstanding shares for $578 million market cap - data compiled by LSEG

Stock down 7% YTD

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