Bank of NT Butterfield & Son (NTB) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The Bank of N.T. Butterfield & Son Limited has announced a new $100 million share repurchase program, set to begin on January 1, 2025. This initiative allows the bank to buy back up to 2.7 million ordinary shares, aiming to support dividend payments, foster organic growth, and position itself for potential acquisitions. The repurchase program demonstrates Butterfield’s strategic approach to capital management amid changing market conditions.
For further insights into NTB stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue