Columbia Financial launches new stock repurchase program

• Columbia Financial (NASDAQ:CLBK) has launched a new stock repurchase program to acquire up to 3M shares.
• The program will commence upon the completion of the company’s existing stock repurchase plan. Under its previous authorization, the company repurchased 4,311,566 shares of common stock at a cost of $90.6M.
• As of Dec. 12, 2022, there are 688,434 shares remaining to be repurchased under this existing program.