BPRN Buyback

Princeton Bancorp, Inc. Buyback

OLI recorded this information on 8/10/2023

Company:

Princeton Bancorp, Inc.

Buyback:

BPRN buyback

Share Amount Authorized:

314,000

Buyback Details:

Princeton Bancorp, Inc. (the "Company") (NASDAQ: BPRN), the bank holding company for The Bank of Princeton (the "Bank"), announced that its Board of Directors has adopted a new stock repurchase program. Under the 2023 stock repurchase program, management is authorized to repurchase up to 5% of the Company's outstanding shares of common stock, with a total cost not to exceed $10.7 million. As of today, five percent of the Company's outstanding shares of common stock would be approximately 314,000 shares. Further, under the program the Company cannot purchase any shares unless the per share purchase price is less than the Company's tangible book value per share. The stock repurchase program does not obligate the Company to acquire any particular amount of common stock, and it may be limited, suspended or terminated at any time without prior notice.

Princeton Bancorp is a holding company. Through its subsidiary, The Bank of Princeton (the Bank), Co. provides personal and business lending and deposit services. The Bank also conducts loan origination activities in select areas of New York. Co.'s loan portfolio consists of variable-rate and fixed-rate loans with a concentration in commercial real estate lending. Co.'s deposit services are comprised of a range of deposit products, including checking accounts, savings accounts, attorney trust accounts, money market accounts, and certificates of deposit. Co. also provides direct deposit products ranging from social security and disability payments to direct deposit of payroll checks.

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BPRN — Key Stats (updated 21 hours, 46 minutes ago)

Company Name:	Princeton Bancorp Inc
Stock buyback:	BPRN buyback
Website:	www.thebankofprinceton.com
Sector:	Banking & Savings
Number of ETFs Holding BPRN:	15
Total Market Value Held by ETFs:	$14.50M
Total Market Capitalization:	$190.00M
% of Market Cap. Held by ETFs:	7.63%

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Princeton Bancorp, Inc. Buyback

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