CFSB BANCORP, INC. ANNOUNCES ADOPTION OF REPURCHASE PROGRAM
CFSB BANCORP, INC. ANNOUNCES ADOPTION OF REPURCHASE PROGRAM
QUINCY, Mass., April 5, 2024 /PRNewswire/ -- CFSB Bancorp, Inc. (the "Company") (Nasdaq: CFSB), the holding company for Colonial Federal Savings Bank, announced it has adopted a program to repurchase up to 152,287 shares of its common stock, which is approximately 5% of its outstanding common stock (excluding shares held by 15 Beach, MHC). This is the Company's first stock repurchase program since completing its mutual holding company reorganization and related stock offering in January 2022.
馬薩諸塞州昆西，2024年4月5日 /PRNewswire/ — 殖民地聯邦儲蓄銀行的控股公司CFSB Bancorp, Inc.（“公司”）（納斯達克股票代碼：CFSB）宣佈已通過一項計劃，回購多達152,287股普通股，約佔其已發行普通股的5％（不包括MHC15 Beach持有的股份）。這是該公司自2022年1月完成共同控股公司重組和相關股票發行以來的首次股票回購計劃。
Repurchases are expected to commence after the Company publicly releases its results of operations for the period ended March 31, 2024. Shares may be repurchased in open market or private transactions or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.
回購預計將在公司公開發布截至2024年3月31日的經營業績後開始。股票可以在公開市場或私人交易中回購，也可以根據美國證券交易委員會第10b5-1條可能通過的任何交易計劃進行回購。
The timing and amount of any repurchases will depend on a number of factors, including the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the Company's financial performance. Open market purchases will be made in accordance with Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements. The Company is not obligated to repurchase any particular number of shares or any shares in any specific time period.
任何回購的時間和金額將取決於許多因素，包括股票的供應情況、總體市場狀況、股票的交易價格、資本的替代用途以及公司的財務業績。公開市場購買將根據美國證券交易委員會第10b-18條和其他適用的法律要求進行。公司沒有義務在任何特定時間段內回購任何特定數量的股票或任何股份。
About CFSB Bancorp, Inc. and Colonial Federal Savings Bank
關於 CFSB Bancorp, Inc. 和殖民地聯邦儲蓄銀行
CFSB Bancorp, Inc. is the stock holding company for Colonial Federal Savings Bank as a result of the completion of the reorganization of Colonial Federal Savings Bank into the mutual holding company structure and related stock offering. Colonial Federal Savings Bank was founded in 1889 and currently operates three full-service banking offices and one limited-service banking office in Norfolk County, Massachusetts.
CFSB Bancorp, Inc.是殖民地聯邦儲蓄銀行的股票控股公司，這是殖民地聯邦儲蓄銀行完成向共同控股公司結構和相關股票發行的重組的結果。殖民地聯邦儲蓄銀行成立於1889年，目前在馬薩諸塞州諾福克縣經營三個提供全方位服務的銀行辦公室和一個提供有限服務的銀行辦事處。
Forward-Looking Statements
前瞻性陳述
This press release contains certain forward-looking statements about the Company and Colonial Federal Savings Bank. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties. The following factors, among others, could cause actual results to differ materially from the anticipated results expressed in the forward-looking statements: increased competitive pressures; changes in the interest rate environment; general economic conditions or conditions within the securities markets; changes in demand for our products and services; the effects of the COVID-19 pandemic or the government actions taken in response thereto; and legislative, accounting and regulatory changes that could adversely affect the Company's financial condition and results of operations and the business in which the Company and the Bank are engaged. Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the Company's reports (such as the Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K) filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet website (www.sec.gov).
本新聞稿包含有關公司和殖民地聯邦儲蓄銀行的某些前瞻性陳述。前瞻性陳述包括有關未來預期事件的陳述，可以通過它們與歷史或當前事實不完全相關這一事實來識別。它們通常包含 “相信”、“期望”、“預期”、“估計” 和 “打算” 等詞語或未來或條件動詞，例如 “將”、“將”、“應該”、“可以” 或 “可能”。就其性質而言，前瞻性陳述受風險和不確定性的影響。除其他外，以下因素可能導致實際業績與前瞻性陳述中表達的預期結果存在重大差異：競爭壓力增加；利率環境的變化；總體經濟狀況或證券市場狀況；對我們產品和服務需求的變化；COVID-19 疫情的影響或政府爲應對疫情而採取的行動；以及可能對公司財務狀況和業績產生不利影響的立法、會計和監管變化運營以及公司和銀行所從事的業務。公司向美國證券交易委員會（“SEC”）提交的報告（例如10-K表年度報告、10-Q表季度報告和8-K表最新報告）中討論了可能導致實際業績與前瞻性陳述中表達的業績存在重大差異的其他因素，這些報告可在美國證券交易委員會的互聯網網站（www.sec.gov）上查閱。
Accordingly, you should not place undue reliance on forward-looking statements. CFSB Bancorp, Inc. undertakes no obligation to revise these forward-looking statements or to reflect events or circumstances after the date of this press release.
因此，您不應過分依賴前瞻性陳述。CFSB Bancorp, Inc.沒有義務修改這些前瞻性陳述或反映本新聞稿發佈之日之後的事件或情況。
SOURCE CFSB Bancorp, Inc.
來源 CFSB Bancorp, Inc.
譯文內容由第三人軟體翻譯。