Tranche Update on ConnectOne Bancorp, Inc.'s Equity Buyback Plan announced on March 11, 2019.
October 26, 2023 at 07:31 am EDT
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From July 1, 2023 to September 30, 2023, the company has repurchased 316,789 shares, representing 0.82% for $6.14 million. With this, the company has completed the repurchase of 2,164,312 shares, representing 5.69% for $50.84 million under the buyback announced on March 11, 2019.
ConnectOne Bancorp, Inc. is a financial services company. It operates through its bank subsidiary, ConnectOne Bank. ConnectOne Bank is a commercial bank offering a full suite of deposit and loan products and services to the general public, primarily to small and mid-sized businesses, local professionals and individuals residing, working and conducting business in the New York Metropolitan area and the South Florida market served by its West Palm Beach office. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, wire transfers, safe deposit boxes, access to automated teller services and telephone, Internet and mobile banking. It also offers consumer and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages on both primary and secondary residences, home equity loans, bridge loans and other personal purpose loans.