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By The Online Investor Staff, updated Fri., Aug. 28, 2:48 AM

Slide #3. Sandy Spring Bancorp, Inc.

Company: Sandy Spring Bancorp, Inc. (NASDAQ:SASR)
Share Amount Authorized: 1,200,000
Buyback Details: Sandy Spring Bancorp, Inc., (Nasdaq:SASR), the parent company of Sandy Spring Bank, today announced that the Company's board of directors has authorized the repurchase of up to 1,200,000 shares of the Company's common stock, or approximately 5% of currently outstanding shares. This repurchase authorization replaces the Company's existing repurchase program that expires August 31, 2015. Repurchases, which will be conducted through open market purchases or privately negotiated transactions, will be made from time to time depending on market conditions and other factors.

Sandy Spring Bancorp is a bank holding company. Through its subsidiary, Sandy Spring Bank, Co. is engaged in conducting a commercial banking business through community offices located in Central Maryland and Northern Virginia. Services to individuals and businesses include accepting deposits, extending real estate, consumer and commercial loans and lines of credit, equipment leasing, general insurance, personal trust, and investment and wealth management services. As of Dec 31 2013, Co. had total assets of $4.12 billion and total deposits of $2.88 billion.
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Company Name:  Sandy Spring Bancorp Inc
Stock buyback:  SASR buyback
Website:  www.sandyspringbank.com
Sector:  Banking & Savings
Number of ETFs Holding SASR:  19
Total Market Value Held by ETFs:  $25.31M
Total Market Capitalization:  $605.00M
% of Market Cap. Held by ETFs:  4.18%
 

Open the SASR Page at The Online Investor (in a new window) »

August 28, 2015    2:48 AM Eastern
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