Avidia Bancorp authorizes $30M share repurchase plan

Avidia Bancorp authorized a stock buyback plan to repurchase up to $30 million of common stock.Key Highlights:Original SEC Filing: Avidia Bancorp, Inc. [ AVBC ] - 8-K - Aug. 04, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source…

Avidia Bancorp authorized a stock buyback plan to repurchase up to $30 million of common stock.

Key Highlights:

Board approved repurchases up to $30 million in value, effective August 4, 2026.
Repurchases may occur on the open market, in private transactions, or via Rule 10b5-1 plans.
Timing and size depend on pricing, market conditions, and the company’s capital position.
Plan expires July 31, 2027 and may be modified, suspended, or discontinued at any time.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.