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DCOM Buyback image

Dime Community Bancshares, Inc. Buyback

OLI recorded this information on 5/26/2022

Company: Dime Community Bancshares, Inc.
Buyback: DCOM buyback
Share Amount Authorized: 1,948,314
Buyback Details: Dime Community Bancshares, Inc. (the "Company" or "Dime") (NASDAQ: DCOM), the parent company of Dime Community Bank (the "Bank"), announced today that its Board of Directors approved a new stock repurchase program, which authorizes the purchase of up to 1,948,314 shares, or 5% of its outstanding common stock as of May 25, 2022, upon completion of its existing previously authorized stock repurchase program (74,571 shares remain eligible for repurchase under the existing stock repurchase plan).

Dime Community Bancshares is a bank holding company. Through its subsidiary, Dime Community Bank, Co. is engaged in commercial and consumer banking business. Co. provides the Certificate of Deposit Account Registry Service and Insured Cash Sweep programs, providing Federal Deposit Insurance Corporation insurance on deposits to its customers. Co. also provides merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts as well as investment services through Bridge Financial Services LLC.

DCOM SEC Filing Email Alerts Service

Preferred: DCOMP


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DCOM — Key Stats (updated 14 hours, 58 minutes ago)
Company Name:  Dime Community Bancshares Inc (New)
Stock buyback:  DCOM buyback
Website:  www.bridgenb.com
Sector:  Banking & Savings
Number of ETFs Holding DCOM:  44
Total Market Value Held by ETFs:  $132.91M
Total Market Capitalization:  $712.00M
% of Market Cap. Held by ETFs:  18.67%
 

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April 18, 2024  •  1:26 AM Eastern
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Avg. Broker Rec.

Buy (3.20 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)

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