Fifth District Bancorp rises after unveiling stock buyback program

Fifth District Bancorp

26/08/2025 18:33

** U.S. lender Fifth District Bancorp's FDSB.O shares rise 3.7% to $13.90

** FDSB late Monday unveiled stock repurchase program for up to 555,947 shares, or 10% of its outstanding shares

** Repurchase maybe made on the open market, including by means of a trading plan - FDSB

** FDSB has 5.6 million outstanding shares, according to data compiled by LSEG

** As of last close, FDSB stock up 6.3% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))