Tranche Update on Western New England Bancorp, Inc.'s Equity Buyback Plan announced on July 26, 2022.
June 11, 2024 at 02:04 am IST
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From April 1, 2024 to June 6, 2024, the company has repurchased 206,600 shares, representing 0.97% for $1.36 million. With this, the company has completed the repurchase of 1,100,000 shares, representing 5.05% for $8.07 million under the buyback announced on July 26, 2022.
Western New England Bancorp, Inc. is a Massachusetts-chartered stock holding company. The Company is the parent company of Westfield Bank (the Bank), CSB Colts, Inc. (CSB Colts), Elm Street Securities Corporation (Elm), WFD Securities, Inc. (WFD) and WB Real Estate Holdings, LLC (WB). The Bank is a full-service, community oriented financial institution offering a full range of commercial and retail products and services as well as wealth management financial products. The Bank also provides a variety of banking services, including telephone and online banking, remote deposit capture, cash management services, overdraft facilities, night deposit services, and safe deposit facilities. CSB Colts, Elm, and WFD are engaged in holding qualified securities. WB is engaged in holding other real estate owned (OREO). The Bank operates about 25 banking offices in Agawam, Chicopee, Feeding Hills, East Longmeadow, Holyoke, Huntington, Ludlow, South Hadley, Southwick, Springfield, Ware, and others.
WESTERN NEW ENGLAND BANCORP, INC. 
