Waterstone Financial expands share repurchase program by 2M shares

Waterstone Financial (WSBF) announced that its board of directors authorized the repurchase of up to an additional 2M shares of the company’s outstanding shares of common stock under its existing repurchase program. Prior to this authorization, 148,285 shares remained available to repurchase under the existing program. Combined with the shares authorized today, the total 2,148,285 shares available for repurchase represent approximately 11.9% of the company’s issued and outstanding shares of common stock as of April 27.