Avidia Bancorp (AVBC) said its board has authorized a stock buyback plan, effective August 4, 2026, allowing the company to repurchase up to $30 million of its common stock. Repurchases can be made on the open market, in privately negotiated transactions, or through 10b5-1 trading plans, and the program is set to expire on July 31, 2027. The company stressed that actual buybacks will depend on pricing, market conditions, and its capital position, and that the plan can be changed, suspended, or dropped at any time without notice.
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