TBNK Buyback

Territorial Bancorp Inc. Buyback

OLI recorded this information on 9/12/2023

Company:

Territorial Bancorp Inc.

Buyback:

TBNK buyback

$Amount Authorized:

$5,000,000

Buyback Details:

Territorial Bancorp Inc., (NASDAQ: TBNK) (the "Company"), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that the Company has completed its twelfth stock repurchase program. Under this repurchase program, the Company was authorized to repurchase up to $5,000,000 of the Company's outstanding shares. The Company repurchased 293,474 shares of its common stock at an average price of $16.98 per share. Overall, the Company has repurchased 4,417,953 shares of common stock or 36.11% of the shares issued in its initial public offering in 2009. The Company's Board of Directors regularly reviews capital management options, including stock repurchase programs, and any future decision to adopt one or more additional stock repurchase programs would be subject to general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance.

Territorial Bancorp is a savings and loan holding company. Through its subsidiary, Territorial Savings Bank (the Bank), Co. provides financial services to individuals, families and businesses through its banking offices located throughout the State of Hawaii. The Bank's business consists primarily of accepting deposits from the public and investing those deposits, together with funds generated from operations and borrowings, in one- to four-family residential mortgage loans and investment securities. Co. also originates home equity loans and lines of credit, construction, commercial and other nonresidential real estate loans, consumer loans, multi-family mortgage loans and other loans.

Preferred: TECTP

TBNK — Key Stats (updated 19 hours, 39 minutes ago)

Company Name:	Territorial Bancorp Inc
Stock buyback:	TBNK buyback
Website:	www.territorialsavings.net
Sector:	Banking & Savings
Number of ETFs Holding TBNK:	3
Total Market Value Held by ETFs:	$2.73M
Total Market Capitalization:	$64.00M
% of Market Cap. Held by ETFs:	4.27%

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Territorial Bancorp Inc. Buyback

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