Randolph Bancorp, Inc. Extends Share Repurchase Program
2018年9月6日 - 5:45AM
Randolph Bancorp, Inc. (the “Company”) (NASDAQ Global Market: RNDB)
announced today that its Board of Directors has extended its share
repurchase program which was scheduled to expire on September 14,
2018. There remain 539,254 shares, or approximately 9.0 percent of
the Company’s current outstanding shares, approved for repurchase
under the previously adopted program.
Repurchases under this program may be made in
open market or in privately negotiated transactions and pursuant to
any trading plan that may be adopted in accordance with Rule 10b5-1
of the Securities and Exchange Commission. The timing and actual
number of shares repurchased will depend on a variety of factors
including price, corporate and regulatory requirements, market
conditions, and other corporate liquidity requirements and
priorities. Any repurchased shares will be held by the Company as
authorized but unissued shares. The repurchase program may be
suspended or terminated at any time without prior notice, and it
will expire on September 14, 2019. The repurchase program does not
obligate the Company to purchase any particular number of
shares.
About Randolph Bancorp,
Inc.Randolph Bancorp, Inc. is the holding company for
Envision Bank and its Envision Mortgage Division. Envision Bank is
a full-service community bank with six retail branch locations,
four loan production offices and loan operations centers in
Andover, North Attleboro and Stoughton, Massachusetts serving
homeowners throughout Massachusetts, southern New Hampshire and
Rhode Island.
Forward-Looking
StatementsCertain statements contained in this press
release that are not historical facts may constitute
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and are intended to be
covered by the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve
risks and uncertainties. The Company’s actual results could differ
materially from those projected in the forward-looking statements
as a result of, among others, the risk factors described in the
Company’s Annual Report on Form 10-K and Quarterly Reports on Form
10-Q as filed with the Securities and Exchange Commission. The
Company does not undertake any obligation to update any
forward-looking statement to reflect circumstances or events that
occur after the date the forward-looking statements are made.
For More
Information, Contact:Michael K. Devlin, Executive Vice President
and Chief Financial Officer (617-925-1961)
mdevlin@envisionbank.com |
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