NYSE:NTBBanks
New US$140 Million Buyback Plan Might Change The Case For Investing In Butterfield (NTB)
The Bank of N.T. Butterfield & Son Limited recently authorized a new share repurchase program, allowing the buyback of up to 3,000,000 ordinary shares for US$140 million through December 31, 2026.
This sizable capital return plan, which replaces the current buyback program, highlights management’s confidence in the bank’s balance sheet strength and capital flexibility.
We’ll now examine how this newly authorized US$140 million share repurchase program could reshape Butterfield’s investment...