Kearny Financial Corp. Buyback
OLI recorded this information on 8/1/2022
Company: |
Kearny Financial Corp. |
Buyback: |
KRNY buyback |
Share Amount Authorized: |
4,000,000 |
Buyback Details: |
Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company for Kearny Bank, announced today that the Board of Directors has authorized a new stock repurchase plan to acquire up to 4,000,000 shares of the Company's outstanding common stock. In conjunction with this announcement, the Company also announced the completion of its previously disclosed stock repurchase plan which authorized the repurchase of 7,602,021 shares. Such shares were repurchased at a cost of $96.8 million, or $12.73 per share. |
Kearny Financial is a unitary savings and loan holding company. Through its subsidiary, Kearny Bank, Co. is principally engaged in the business of accepting deposits from the general public and using these deposits, together with other funds, to originate or purchase loans for its portfolio and for sale into the secondary market. Co.'s loan portfolio is primarily comprised of loans collateralized by commercial and residential real estate augmented by secured and unsecured loans to businesses and consumers. Co.'s deposit products include interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts and certificates of deposit accounts.
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Company Name: |
Kearny Financial Corp (MD) |
Stock buyback: |
KRNY buyback |
Website: |
www.kearnybank.com |
Sector: |
Banking & Savings |
Number of ETFs Holding KRNY: |
28 |
Total Market Value Held by ETFs: |
$41.30M |
Total Market Capitalization: |
$354.00M |
% of Market Cap. Held by ETFs: |
11.67% |
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