Financial Advisor
Traditions Bancorp, Inc.
Equity Capital Markets
Completed Share Buyback
Transaction Details
- On August 26, 2021, Traditions Bancorp, Inc. (OTC Pink: TRBK) (the “Company”) headquartered in York Township, Pennsylvania, announced that it has repurchased 297,752 shares of the corporation’s common stock in a privately negotiated transaction at a price of $24.00 per share for an aggregate purchase price of $7,146,000.
- This represents 9.49% of equity ownership prior to the purchase.
About the company
Traditions Bancorp, Inc.
Traditions Bancorp is the holding company for Traditions Bank, a PA state-chartered community bank with Administrative Headquarters located at 226 Pauline Drive in York, Pennsylvania. Opening its doors on October 28, 2002, Traditions Bank's mission is "to have a meaningful impact on our customers, our communities and each other. As an independent bank, this is how we make our mark and better the world around us." Following a strong set of Core Values, Traditions Bank is committed to providing creative solutions and personalized experiences that foster successful business and personal relationships. With six retail branches in York County, one retail branch in Lancaster County, and a loan production office in Cumberland County, plus extensive technology-based delivery channels, Traditions Bank offers exquisite customer service in the areas of Personal Banking, Business Banking, Residential Mortgage Services, and Specialized Banking.
Sources: Company Materials.
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