William Penn Bancorporation announces stock buyback plan of up to ~739K shares
- William Penn Bancorporation (NASDAQ:WMPN) on Thursday announced a stock repurchase plan of up to 739,385 shares, or ~5.0%, of the company's currently issued and outstanding common stock.
- The repurchase plan will commence upon the completion of the company's existing stock repurchase program.
- The new stock repurchase program was adopted following the company's consultation with the Federal Reserve Bank of Philadelphia.
- As of Aug.17 there are 654,152 shares remaining to be repurchased under this existing program.