Tranche Update on Bankwell Financial Group, Inc.'s Equity Buyback Plan announced on December 19, 2018.
January 28, 2021 at 03:04 am IST
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From October 1, 2020 to December 31, 2020, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 92,667 shares, representing 1.19% for $2.02 million under the buyback announced on December 19, 2018.
Bankwell Financial Group, Inc. is a bank holding company. The Company offers a range of financial services through its banking subsidiary, Bankwell Bank (the Bank). The Bank is a Connecticut state chartered commercial bank. The Bank's commercial lending products include owner-occupied commercial real estate loans, commercial real estate investment loans, commercial loans (such as business term loans, equipment financing and lines of credit) to small and medium-sized businesses and real estate construction and development loans. Its depository products include checking, savings, money market and certificates of deposit at a variety of rates. The Bank operates nine branches in New Canaan, Stamford, Fairfield, Westport, Darien, Norwalk, and Hamden, Connecticut. The Bank provides a range of services to clients in its market, an area encompassing approximately a 100-mile radius around its branch network.
BANKWELL FINANCIAL GROUP, INC. 
