Company: NECB
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001558370-25-007099
Chunk: 9

Company: NorthEast Community Bancorp, Inc./MD/
Filing Date: 2025-05-09
Form: 10-Q
Item: Part II, Item 2
Chunk 9
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Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

        On May 30, 2023, the Company announced that its Board of Directors had authorized a stock repurchase program to acquire up to 1,509,218 shares, or 10%, of the Company's currently issued and outstanding common stock commencing on May 30, 2023. The stock repurchase program is the Company’s second repurchase program since completing its second-step conversion and related stock offering in July 2021.

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