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Headline: SSB Bancorp, Inc. Continues Authorized Stock Repurchase Program
Location: US
Post Date: May 21, 2025 10:20 AM
TAG ID: awire191769
DocID: 1030338
Word Count: approx. 174 words
 
 
Full story:


PITTSBURGH, PA / ACCESS Newswire / May 21, 2025 / SSB Bancorp, Inc. (OTCQX:SSBP) (the "Company"), the holding company for SSB Bank, announced in March 2024 that it had authorized a program to repurchase up to 49,489 shares of its outstanding common stock, which represented approximately 5% of the shares that were outstanding and owned by stockholders other than SSB Bancorp, MHC, at that time. There are still 11,750 shares authorized to be repurchased under the program.

The Company intends to conduct any repurchases through open market purchases, including by means of a trading plan adopted under Securities and Exchange Commission Rule 10b5-1, or in privately negotiated transactions, subject to market conditions and other factors.

About SSB Bank

SSB Bank is a Pennsylvania-chartered stock savings bank and the wholly owned subsidiary of SSB Bancorp, Inc. SSB Bank serves individuals and small businesses in Allegheny County and adjacent areas from its main office and branch office located in Pittsburgh.

Contact: J. Daniel Moon, IV President and CEO 412-837-6955

SOURCE: SSB Bancorp, Inc. View the original press release on ACCESS Newswire
 
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