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PRNewsWire
4 months ago
MAGYAR BANCORP, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
NEW BRUNSWICK, N.J. , May 22, 2025 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today it has completed the stock repurchase program authorized December 8, 2022, repurchasing 337,146 shares at an average price of $12.23, and that its Board of Directors has authorized an additional stock repurchase program pursuant to which the Company intends to repurchase up to 5% of its outstanding shares, or up to 323,547 shares.