Sandy Spring Bancorp up on share repurchase program

Sandy Spring Bancorp

31/03/2022 17:51

** Shares of bank holding co  SASR.O  up as much as 1.16% at
$45.50
    ** The parent company of Sandy Spring Bank has authorized
the repurchase of up to $50 million of co's stock
    ** Says no purchases will be made until after the first
quarter earnings release in mid-April  urn:newsml:reuters.com:*:nGNX8Xh1f2
    ** Says the buyback program has no time limit and may be
modified, suspended or discontinued at any time-SASR
    ** Stock down ~5% YTD, as of last close 

 (Reporting by Rithika Krishna in Bengaluru)
 ((Rithika.Krishna@thomsonreuters.com; Twitter: https://twitter.com/rithika_krishna;))