Dividends & Buybacks ·
Seneca Bancorp adopts stock repurchase program for up to 144,411 shares
SNNFSeneca Bancorp, Inc.
Seneca Bancorp, Inc. announced the adoption of a new stock repurchase program authorizing the buyback of up to 144,411 shares of common stock, representing approximately 8.0% of its outstanding shares. This is the company's first repurchase authorization since completing its second-step conversion and related stock offering in October 2025. Repurchases may occur through open market transactions, private deals, or block trades at management's discretion, subject to market conditions and liquidity. The program does not obligate the company to purchase any specific number of shares and may be suspended or terminated at any time. Executions are expected to begin after the release of third-quarter 2026 financial results. Seneca Bancorp is a bank holding company operating Seneca Savings Bank in New York.